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Public Finance Sources and Road Network Development in a Transition Country—Hungary (1990-2018)

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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… Click to show full 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; road network; road; finance; development

Journal Title: Journal of Traffic and Transportation Engineering
Year Published: 2018

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