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Transport and Economic Development

2013, The SAGE Handbook of Transport Studies

AI-generated Abstract

The paper explores the intricate relationship between transport infrastructure and economic development, highlighting the dual influence of transport investment on economic growth and vice versa. It emphasizes that the effectiveness of such investments is contingent upon a favorable local economy, availability of funds, and supportive political conditions. Additionally, it discusses the challenges posed by rapid growth on existing transportation networks and the necessity for innovative governance structures to manage these dynamics effectively.