Financing future growth in infrastructure needs

Alain Bonnafous ()

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Abstract: Determining future transport infrastructure needs is traditionally the first stage in the investment planning process. However, this process generally takes place within the framework of national transport policy, even in cases where the infrastructure is used for international traffic flows. This report proposes to address this issue by considering the specific needs of international traffic flows with regard to inland modes of transport.Obviously, these issues will be shaped by the way in which traffic flows develop over the next few decades, since new infrastructure needs and the associated financing problems clearly depend on the pace and scale of such growth. This uncertainty would be dispelled if growth were to remain zero or very close to zero. In the opposite case, namely if average growth rates were to be higher than 1.5% to 2% in European countries, growth in traffic raises the issue of the so-called decoupling of transport from economic growth.We must therefore begin by dispelling these uncertainties regarding a possible decoupling, or at least by stating the assumptions underlying the situation in which we find ourselves.

Keywords: Financing transport infrastructure; needs of international traffic flows; Financement des infrastructures; besoins d'infrastructures de transport; transports internationaux (search for similar items in EconPapers)
Date: 2006
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00339710
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Published in ITF, OECD. 17th International Symposium on Transport Economics and Policy: Benefiting from Globalisation. Transport Sector Contribution and Policy Challenges, 25-27 October 2006, Berlin = FIT, OCDE. 17ème Symposium International sur l'économie des transports et la politique : Tirer parti de la mondialisation. Contribution du secteur des transports et enjeux politiques, 25-27 octobre 2006, Berlin - (Selected Proceedings), 2006, Berlin, Germany. pp. 371-395 (English language) - pp. 401-427 (version française)

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