Issues with traditional financing mechanisms

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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.

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This paper is a study on the debatable issue of whether roads is a public good or a private good. In view of the study an elaborate literature has been given to understand the aspects related to this question. In order to analyze this issue, four key components namely the social and economic concepts, traditional finance mechanisms, effective financial objectives and other relevant attributes have been evaluated. These have helped in a better study and conclude on this issue.

Reference no: EM131909451

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