TITLE

FORMING THE MODERN INTERNATIONAL TRANSPORT INFRASTRUCTURE: POLITICAL FACTORS

AUTHOR(S)
Efimova, E. G.; Pynnöniemi, K.
PUB. DATE
June 2014
SOURCE
Vestnik Sankt-Peterburgskogo universiteta, Seriia 7: Geologia, G;Jun 2014, Issue 2, p32
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article investigates the impact of political factors on the construction and modernization of transport infrastructure during the world economic crisis. In the period, absolute growth of investments in its construction and further development is fi xed. Particular attention is paid to the identification and assessment of investments political risk for key infrastructure projects. The transport sector is remaining consistently profitable for investors. State support is aimed at creating additional workplaces, at increasing tax revenues to the national budget. The authors estimated the correlation of national political risks and the capital resources involved in the transport infrastructure. Russian case verifies that large-scale investments in transport infrastructure are possible even at relatively high national political risks. Statistical analysis of investments in transport objects in large-scale and small leading economies both in statics and dynamics was carried out. In the post-crisis period, structure of fi nancial markets, the composition of its players, and investments in the transport infrastructure are changing. Refs 74. Tables 9.
ACCESSION #
97364250

 

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