South Korea, like many countries, is engaged in a policy debate concerning possible railways reforms. However, unlike … a second train company that would supply on-track competition to KTX trains. While such a policy may indeed lead to … promising reform strategy may be to introduce competition into freight rail. Based on the Latin American experience, creating …

issue emerging from the work is the opposing attitude of incumbent railways against liberalisation and the role of decision … service obligations and they claim to be under an excessive and unfair foreign competition. These arguments are yet embedded …

Railways are usually considered as one of the most important innovations that fostered the transition of Latin America … railways in Latin America. It presents estimates of the direct growth contribution of the railway technology in Argentina … three cases under study (Argentina, Mexico and Brazil) the railways provided huge direct benefits. In Argentina and Mexico …

mainly responsible for the diffusion of the Industrial Environment. With the Railways broadly disseminated in space, the …, however, Railways and Industry provoked novel theoretical conceptions such as calculations of risks relating to technology …

, railway technology had a positive impact on human capital training in the cases studied. During the period when railways were …

investors supplied railways with external capital that supported their rise to near hegemony over transport in the U.S. This … industry. It did not. Thus by the time the Depression ended, railways were significantly weakened vis a vis their increasingly … successful competitors in highway-based transport. Thus, the decline of American railways was caused more by financial factors …

, railway technology had a positive impact on human capital training in the cases studied. During the period when railways were …

by the competition for mobile firms, taxpayers, and investment capital, the functioning of credit markets, including the …