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In the aftermath of the 2008 financial crisis, both the private and public sectors face stringent constraints in funding for transport infrastructure investment and transport services. At the same time, economic recession highlights the social value of public support for disadvantaged users of...
Persistent link: https://www.econbiz.de/10013168539
Many governments seek to attract private finance for infrastructure through public-private partnerships (PPPs) in order to maintain investment at the same time as limiting public spending. Experience with PPPs has, however, been mixed. Some transport PPP projects have delivered major cost...
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Surface transport plays a fundamental role in nearly all social and economic activity. Providing and maintaining the infrastructure consumes enormous resources. Thus, it is essential that this be carried out in the most efficient and effective way possible. Many options are available to provide...
Persistent link: https://www.econbiz.de/10012440549
Cost-benefit analysis (CBA) is indispensable for making good decisions on what transport projects to fund. It essentially aims to figure out which projects offer the best value for money. However, the practical relevance of CBA does not always live up to its appeal in principle. One problem is...
Persistent link: https://www.econbiz.de/10012443543
Accessibility of goods, jobs, services and other opportunities is a fundamental condition for ensuring the well-being of citizens. This report examines how accessibility indicators can be used to improve transport planning and investment with that objective in mind. It also identifies principles...
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