To mark its hundredth Round Table on transport economics, the ECMT decided to publish a special issue. Fifty European experts were asked to submit papers examining not only the major issues addressed by transport economics in the past, but also those that are likely to emerge in the future. What...

Counter-cyclical policy relates to short-term measures taken by governments to flatten out the peaks and depressions of the trade cycle. Transport can be affected by such policies in several ways. Chapter I of this report deals with the general form of trade cycles and the aims and instruments...