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Article
Public Finance Sources and Road Network Development in a Transition Country—Hungary (1990-2018)
Author(s)
Árpád Kovács1, 2
Full-Text PDF XML 1051 Views
DOI:10.17265/2328-2142/2018.01.002
Affiliation(s)
1. Fiscal Council of Hungary, Budapeset, 1055, Hungary;
2. Faculty of Economics and Business Administration, University of Szeged, Szeged, 6722, Hungary
ABSTRACT
This article reviews the history of the Hungarian public road network in
the thirty years that has passed since the change of the political and economic
regime up to the present from the aspect of financing. In the context of the
neighboring countries that today are also members of the European Union, this writing outlines the growth-public finance course that this country, formerly belonging
to the Soviet type planned economy mechanism, followed during the past nearly
three decades after breaking away from that system. It provides insight into
the specific public finance positions determined by the macroeconomic course
since 1990 and the opportunities offered by this course for infrastructural
developments. In connection with the above, the article outlines the main
characteristic features of the social expectations, the financing solutions
that could be linked to the various governmental concepts regarding road
matters, focusing primarily on motorway development. It shall touch upon the
respective starting points and life cycles of those concepts and the role of
the EU supports in the developing of the domestic public road system. In light
of expenditures, it is illustrating
the development by some servicing indicators.
KEYWORDS
Public finance, motorway, financing, development, budget, transportation, transportation economy, road network.
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