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Please use this identifier to cite or link to this item: http://hdl.handle.net/10204/4038

Title: Drivers of South African transport and transport infrastructure
Authors: Rust, FC
Keywords: Transport infrastructure
Economic development
Social development
South African transport
Construction activities
Gross fixed capital formation
Sustainable Transport and Mobility Handbook
Issue Date: Jan-2009
Publisher: Alive2green
Citation: Rust, FC 2009. Drivers of South African transport and transport infrastructure. The Sustainable Transport and Mobility Handbook: South Africa, Vol 1, pp 105-112
Abstract: There is no doubt that infrastructure in general and specifically transport infrastructure plays a major role in economic development (Weisbrod G 1997, Chapman P et al 2002) as well as in social development (UNCDF 2007). In addition, construction activities form a significant part of a country’s GDP in South Africa the construction industry contributes 3,6% to the GDP (STATS SA 2008) and has been growing three times as fast as the total South African economy over the past five years. Currently there is a decline in the rate of growth, mainly in the residential building sector, due to the crisis related to declining asset values in the USA (the sub-prime problem), inflation and relatively high interest rates. Economists are, however, of the opinion that this is a short- to medium-term phenomenon that will correct 2010 (Rust et al. 2008).
Description: Copyright: 2009 Alive2green
URI: http://hdl.handle.net/10204/4038
ISBN: 978-0-6204-5065-2
Appears in Collections:Building science and technology
Infrastructure engineering
Infrastructure systems and operations
Logistics and quantitative methods
Planning support systems
General science, engineering & technology

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