Counter-cyclical policy relates to short-term measures taken by governments to flatten out the peaks and depressions of the trade cycle. Transport can be affected by such policies in several ways. Chapter I of this report deals with the general form of trade cycles and the aims and instruments of counter-cyclical policy, while Chapter II is devoted to counter¬cyclical policy and transport.
The Role of Transport in Counter‑Cyclical Policy
Report of the Forty-First Round Table on Transport Economics Held in Paris on 2-3 March 1978
