This report discusses the state of the art in understanding the economic effects of major transport infrastructure projects. It examines the limits of socio-economic cost-benefit analysis (CBA) and reviews the development of complementary and alternative approaches to assessing the benefits of...

This paper examines the impact of the Open Door Policy on the transport geography of the Zhujiang Delta, which has been rightly described as ‘taking one step ahead'. In particular, it discusses the major factors which governed the sources of development initiatives, financing strategies and...