This report examines the form regulation should take in rail freight markets to promote efficiency in railways and the wider economy. It analyses issues of monopoly, scale economies, competition, mergers, ownership and the structure of the rail industry. Experience in North America, Australia,...

China's Belt and Road Initiative, announced in late 2013, includes the construction of land-based transport connections between Asia and Europe, the creation of an economic belt for Eurasian cooperation, and maritime routes between China and all continents with which it may trade. Within the...