Thursday, January 28, 2016

Belgium - 1% of GDP goes to traffic congestion

Inverse: "And the problem is only getting worse. Brussels boasts a metropolitan population of 1.8 million, which has grown by 1.5 percent each year since 2000. “Traffic congestion in Belgium already costs 1 percent of the GDP annually for the nation,” says Keseru. “If the current situation continues, the city would come to a gridlock with serious economic, environmental, and social consequences. Accessibility of public institutions and workplaces would suffer and economic competitiveness would be impaired.” Couple worsening traffic with environmental degradation, and he fears companies and residents will flee the city."

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