This paper has two main purposes. The first is to present, to analyze and to suggest road infrastructure investment and financing policies in Brazil. The second objective is to analyze toll road concessions, with emphasis on toll tariffs. For the last eight years federal road investment (at...

The Brazilian Federal Highway Concession Program use concessionaries to manage roads. They are bound by contract to improve the quality of road corridors and, in return, they are allowed to charge tolls. This article aims to analyze the effects of this Program on the economic performance of...