Rust, FC2010-04-182010-04-182009-01Rust, FC 2009. Drivers of South African transport and transport infrastructure. The Sustainable Transport and Mobility Handbook: South Africa, Vol 1, pp 105-112978-0-6204-5065-2http://hdl.handle.net/10204/4038Copyright: 2009 Alive2greenThere 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).enTransport infrastructureEconomic developmentSocial developmentSouth African transportConstruction activitiesGross fixed capital formationSustainable Transport and Mobility HandbookAlive2greenBook ChapterRust, F. (2009). Drivers of South African transport and transport infrastructure., <i></i> Alive2green. http://hdl.handle.net/10204/4038Rust, FC. "Drivers of South African transport and transport infrastructure" In <i></i>, n.p.: Alive2green. 2009. http://hdl.handle.net/10204/4038.Rust F. Drivers of South African transport and transport infrastructure. [place unknown]: Alive2green; 2009. [cited yyyy month dd]. http://hdl.handle.net/10204/4038.TY - Book Chapter AU - Rust, FC AB - 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). DA - 2009-01 DB - ResearchSpace DP - CSIR KW - Transport infrastructure KW - Economic development KW - Social development KW - South African transport KW - Construction activities KW - Gross fixed capital formation KW - Sustainable Transport and Mobility Handbook KW - Alive2green LK - https://researchspace.csir.co.za PY - 2009 SM - 978-0-6204-5065-2 T1 - Drivers of South African transport and transport infrastructure TI - Drivers of South African transport and transport infrastructure UR - http://hdl.handle.net/10204/4038 ER -