The saying “When China sneezes, the world catches a cold” sums up the global economy’s dependence on China. Bearing in ...
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Road Pricing
What is Road Pricing?
Road pricing is a market-based instrument for managing traffic flows and financing road transport infrastructure. It usually involves charging for the use of roads. By charging different prices, for example during rush hour, in conurbations or on busy trunk roads, traffic flows can be shifted efficiently. The result is a more even utilisation of road capacity. Road pricing should therefore not be confused with a flat road toll that is not differentiated in terms of time and space.
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