The Necessity Analysis for Economic Loss Evaluation of Traffic Accidents Considering the Needs of Different Groups of Users

Abstract

Modern transport is the most important component of the world economy and has a huge impact on the dynamics of economic processes. Approximately 1.2 million people die every year in road traffic accidents (RTA), and up to 50 million people are injured and become disabled. According to the World Bank, the annual economic damage from road traffic accidents reaches astronomical values, up to exceeds $500 billion US dollars / year, taking into account the Abstract