Transport investments are undertaken by the public sector with the intent of yielding a net social benefit to the economy and to society. The methodology for appraising competing investments has been developed in the context of inter-urban rather than intra-urban schemes. Public transport...

The trade liberalising measures of the Single Market of the European Union have had a significant impact on business strategies. The establishment of European Monetary Union is also expected to have an influence on European trade since firms will be more inclined to exploit European markets....