Abstract:Developed countries like Germany and Japan, and many of their municipalities currently have large debts that will likely increase over time. These debts may never be repaid because debt repayment per capita will increase as a result of decreasing populations. It has become difficult for them to maintain many of their existing bridges because of large debts. Given the challenges faced with maintaining these bridges, it is necessary to formulate plans that may include discontinuing the maintenance on certain bri… Show more
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