Building bridges - some lessons from the Middle Ages on the long-term economic impact of bridges over the Thames

Roach, A. P. and Rosewell, B. (2008) Building bridges - some lessons from the Middle Ages on the long-term economic impact of bridges over the Thames. Working Paper. Greater London Authority, London.

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Publisher's URL: https://www.london.gov.uk/business-and-economy-publications/working-paper-32-long-term-economic-impact-bridges-over-thames

Abstract

This study was inspired by the proposed Thames Gateway Bridge between Beckton and Woolwich and addresses the problem of calculating the long term economic impact of major capital projects, such as bridges. The study of medieval crossings of the Thames reveals that of 18 medieval bridges, only one was allowed to fall into neglect and disappear; the others, once built, remained, and were improved and enlarged and in most cases they or their successors are still present. The conclusion is that in the long term, perhaps the very long term, such capital projects rarely fail to be economically advantageous.

Item Type:Research Reports or Papers (Working Paper)
Additional Information:Bridget Rosewell is Senior Advisr at Volterra Economic Consultancy and is a former Chief Economic Adviser to the Greater London Authority
Keywords:Bridges, Thames, medieval, capital projects.
Status:Published
Glasgow Author(s) Enlighten ID:Roach, Dr Andrew
Authors: Roach, A. P., and Rosewell, B.
Subjects:D History General and Old World > DA Great Britain
H Social Sciences > HC Economic History and Conditions
College/School:College of Arts > School of Humanities > History
Publisher:Greater London Authority
ISBN:9781847811806
Copyright Holders:Copyright © 2008 Greater London Authority
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Project CodeAward NoProject NamePrincipal InvestigatorFunder's NameFunder RefLead Dept
0NetworksAndrew RoachAHRCUNSPECIFIED