Under a succession of reform-minded governments, the Bulgarian rail sector has achieved some ambitious targets-stable traffic volumes and hard-won financial stability that was endorsed by investor confidence during a recent bond issuance for EUR 120 million. Today, all Acquis Communautaires...

The note first presents a brief overview of the Croatian railway sector, listing the main challenges that it is currently facing, and identifying the main areas of intervention for the development of a financially sustainable sector, which should guide any thorough sector reform program in the...

The aim of this paper is to review the state of the productive infrastructure of Uruguay and the development policies that govern it and to propose policy options for the long term contribution to achieving a higher level of economic and sustainable development, based on the premise that there...

The changed role of rail in Africa over the last thirty years has seen it move from a situation where many of the systems were carrying a high share of their country's traffic to one in which their market share has declined, their assets have steadily deteriorated, their quality of service has...

During the 1990s, the Turkish economy was beset by frequent economic crises. Fiscal imbalances, high inflation rates, and the subsequent stop and go economic cycles hit the Turkish economy, slowing growth and plunging the country into recession. Spiraling debt and interest payments coupled with...

This Policy Note has been prepared to assist the governments of the Entities in Bosnia and Herzegovina to better understand the current conditions of the railway sector,assess the policy options for modernizing it and help chart a course ahead. Railway performance is benchmarked against a number...

Market for Eastern and Southern Africa (COMESA) has been promoting reforms to help regional integration for effective transport services. The study indicated the need for better traffic management, in general, and, specifically, to face up to the growing congestion problem in the capital cities....

The Government of Georgia is considering options for reducing fossil fuel imports in favor of introducing large scale use of domestic energy sources for public and private transportation. However, this must be considered within the overall context of green transportation-which will generate...

This Policy Note addresses strategic issues facing Poland s transport sector. Despite recent growth and integration within the European Union (EU), the overall quality and efficiency of transport infrastructure and services is still poor. About 40 percent of the national roads network, which...