Negative Impacts of Transport Infrastructure Funding

Abstract:

Transport infrastructure and its development and modernization are linked to the development of other sectors, there is talk of a significant multiplier effect, the development and renewal of transport infrastructure is associated with development of economic variables at the time of construction and subsequently with its use. Transport infrastructure is linked with economic development, the need for job creation and the development of other sectors related to the material, the transfer of materials, etc industries. On the other hand, the development of transport infrastructure associated with considerable financial means. Crisis period led to a significant reduction in funding for the development of transport infrastructure, which greatly limits its further development and strategic transport routes stop. Insufficient funds should be generated in the form of tax plus fees and tolls for the use of transport routes. The government decided to increase revenue items for the financing of infrastructure in 2010 and excise tax for items fuels and lubricants, vignettes and Toll roads and expressways (toll). Expected income is increased, however, in the excise duty on fuels and lubricants; there is no sufficiently underflow State Transport Infrastructure Fund. Conversely excise tax revenue is falling, there is a shopping tourism fuels. Price rises can often be for small and medium business liquidation, financial problems shipping companies. All these facts can clearly be indicators decline of the region. Article will deal with the relationship between the increase in fuel prices and the impact on economic activity of the region .

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