Road Economics and Financing
Answer the question: Are roads a Public or a Private Good? With regard to the
Following items
- Definition of the concept of economic and social road
- Issues with traditional financing mechanisms
- Users do not perceive any price for road use.
- Effective financing objectives.
Carry out a literature review to find further examples to populate a portfolio of evidence that addresses the above question and its 4 components. Develop one or more summary information sheets that summarise(s) your findings in a format of your choice.