FINANCING THE RECOVERY

The author examines the differences between the government's economic management, dictated by economic and subjective "political" considerations, discussing the important implications of energy supply and consumption. It is argued that, because traffic is likely to increase for the next fifty years, new road investments continue to represent a good economic investment. However, not all schemes can be assessed only in economic terms, social and environmental factors must be given increased weight if there is a possibility that oil supplies may run out within twenty or thirty years. Present financial policies are such that the government is trying to achieve both general control on local authority spending and keep up capital expenditure and reduce manpower. The author suggests that one target should be chosen and specific controls should be designed to produce the right results removing the inherent tendency of the new control scheme to produce underspending. (TRRL)

  • Availability:
  • Corporate Authors:

    Kinslea Press Limited

    Central Buildings, 24 Southwark Street, London Bridge
    London,   England 
  • Authors:
    • Gasson, D
  • Publication Date: 1982-7

Media Info

  • Pagination: p. 162-166
  • Serial:
    • MUNICIPAL ENGINEER
    • Volume: 109
    • Issue Number: 7
    • Publisher: Thomas Telford Limited
    • ISSN: 0263-788X

Subject/Index Terms

Filing Info

  • Accession Number: 00387234
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • Files: ITRD, TRIS
  • Created Date: Aug 30 1984 12:00AM