The Role of Transport in Economic Development

Abstract

The important relationship between prices and economies of scale has pointed out the importance of transport leading to the introduction of transport activity in economic policy debates. Early years of 20th century reveal a new type of economic analysis of the transport market based on the principle of sustainable development. Transition of transport sector to another level of development has being pursued specific transport market developments by investigating concomitant of economic, environmental and social influences. In the presented paperwork the authors identify role of transport in developing a sustainable economy that will provide, in the near future, new services, ensuring better management and real-time traffic capabilities in order to protect the environment and offer safety.

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