Transactions on Transport Sciences 2013, 6(4):169-176 | DOI: 10.2478/v10158-012-0044-x

Public Finance and Transport

A. Peltrám*, J. Domácí1
1 KPM Brno, jdomaci@gmail.com

The common market is considered to be one of the greatest benefits of European integration. The single European transport area with optimal modal split is a basic precondition for a common market in goods and the required high mobility of passengers. To assure smooth traffic flow, with the minimum of traffic accidents, and to be more environmentally friendly and energy efficient necessitates the maximum utilization of all current transport facilities that are available. However this shall not be enough. Regarding the delay in adapting the transport infrastructure to the enormous growth of traffic, it is necessary to increase investments into bottleneck removal and add new links according to new requirements. Some prioritization of investment in transport infrastructure is connected with the broad effort of public authorities to increase growth and employment in order to facilitate solutions to end the current crisis and assure the further development of the economy; the contribution of public funding is considered to be an important incentive for private capital inflow.

Keywords: Spending on transport infrastructure.

Published: December 1, 2013  Show citation

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Peltrám, A., & Domácí, J. (2013). Public Finance and Transport. Transactions on Transport Sciences, 6(4), 169-176. doi: 10.2478/v10158-012-0044-x
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