The author offers a number of reasons for separating rail infrastructure from operations: to reduce unit costs, to create intrarail competition, to better focus on the services to be provided, to clarify public policy, and to strike a better balance between the roles of the public and private...

The authors review a number of recent innovative rail concessions. Each country has approached its problems differently, and each provides different insights into what can be achieved with concessions. But all the cases show that restructuring and substantial government investment in the design...