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However, crude calculations of the cost per QALY gained from cataract extraction show this to be a high value for money procedure (Drummond, 1988).
When the benefits are compared to the costs of the project this gives a Benefit Cost Ratio of 3 to 1, which is typically viewed as representing high value for money.
And these measures - as demonstrated by the Sustainable Travel Towns, and the Cycling Demonstration Towns - have proven, economic evaluations which show that they are high value for money.