22 Specific issues arise in the appraisal and evaluation of regeneration projects that have a rationale defined both in terms of their impact on efficiency and equity. In many cases, these projects are aimed at the regeneration of local areas, although some are targeted at entire regions.3
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3 More detail is provided in 'A Framework for the Evaluation of Regeneration Projects and Programmes', (EGRUP) available from HM Treasury, 1995 (currently under revision).