Governments Gain New Tools to Improve Transport Infrastructure Funding and Pricing
The article discusses how to set prices and invest in transportation projects effectively, examining aspects like funding sources and costs. It also looks at the challenges faced by local governments managing transport infrastructure, such as issues related to taxes and spillover effects. Additionally, it delves into the impact of political influences on decisions, such as lobbying and bureaucratic pressures. The main focus is on finding the best ways to plan and pay for transport systems in ways that benefit society and minimize drawbacks.