This article highlights the importance of housing and transportation networks in a development process with special emphasis on economic development efforts at the national and regional levels. The major characteristics and developmental aspects of housing and transportation are presented first. Then, legislative policies of the United States are used as examples of successful efforts in the development of these two infrastructures followed by brief explanations of those policies as they relate to development of housing and transportation in that country. Because an economic development effort usually signifies a need characterized by very limited capital, particularly in developing countries or in former nations of the eastern bloc, special attention is focused on financial mechanisms used in policy implementation.
Samenvatting