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- The transport sector is essential to reducing poverty and building prosperity: transport gives access to jobs, education and healthcare; it connects goods and services to markets and is a key driver of growth; finally, lowering the carbon footprint of the sector is crucial to tackle climate change.
www.worldbank.org/en/topic/transport/overview
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2 days ago · Details. This research assesses how transport policies and investments can affect a range of economic outcomes in the UK. It focuses on the relationship between road, rail, public and active ...
The related lower transport costs, shorter transit times, and business expansion make economic activities more productive and competitive. Transport improvements can impact commodity and labor markets by making resources, parts, customers, and labor more accessible.
Transport is essential to the efficient working of the economy, bringing together the inputs used in the production of goods and services and getting outputs from the production process to customers.
Jul 23, 2015 · Infrastructure is an essential ingredient for economic development and growth. Transport infrastructure, for example, facilitates cheaper and more efficient movement of goods, people and ideas across places. It also impacts the distribution of economic activity and development across regions to the extent that agglomeration economies and ...
- The Economic Importance of Transportation
- Transportation and Economic Opportunities
- Economic Returns of Transport Investments
- Types of Transportation Impacts
- Transportation as An Economic Factor
The development of transportation systemstakes place in a socioeconomic context. While development policies and strategies focus on physical capital, recent years have seen a better balance by including human capital issues. Irrespective of the relative importance of physical versus human capital, development cannot occur without their respective i...
Transportation developments that have taken place since the beginning of the Industrial Revolution have been linked to growing economic opportunities. At each development stage of the global economy, a particular transport technology has been developed or adapted with an array of impacts. Economic cycles are associated with a variety of innovations...
A common expectation is that transport investments will generate economic returns, which should justify the initial capital commitment in the long run. Like most infrastructure projects, transportation infrastructure can generate a 5 to 20% annual return on the capital invested, with such figures often used to promote and justify investments. Howev...
The relationship between transportation and economic development is difficult to establish formally and has been debated for many years. In some circumstances, transport investments appear to catalyze economic growth, while in others, economic growth puts pressure on existing transport infrastructures and incites additional investments. Transport m...
Contemporary trends have underlined that economic development has become less dependent on relations with the environment (resources) and more dependent on relations across space. While resources remain the foundation of economic activities, the commodification of the economy has been linked with higher levels of material flows. Concomitantly, reso...
Oct 18, 2024 · The ability to transport goods and human beings safely and efficiently across long distances is fundamental to economic life in modern societies. A brief look at the early United States illustrates this principle dramatically.
Mar 1, 2023 · Employing the following infrastructure indicators, including road length (ROAD), the length of electrified rail routes (ELEC), and air-transport freight volume (AIR), this paper aims to capture the link between transport infrastructure and economic development.
