Integrated Transport Development Experience in Global City Clusters Roundtable
Increasing urban concentration and the development of city clusters will pose formidable challenges regarding governance, financing of infrastructure and the delivery of satisfactory life conditions. These challenges will be particularly acute in the realm of urban transport. Investments in improved access and better quality transport services can greatly improve economic and social conditions for city dwellers but how these investments are linked to overall agglomeration benefits is not always straightforward and is oftentimes highly context-dependent. One complicating factor in assessing the links between transport investments and wider economic and social benefits is that urban regions spanning several jurisdictions, rather than individual cities, are emerging as the most relevant spatial scale for measuring the economic productivity effects of transport investments.