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"Efficient provision of transport infrastructure is critical to economic growth. The long asset lives of much transport infrastructure indicates governance through regulation, rather than through contract or public ownership. This can ensure predictability in long-term relationships whilst...
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While deregulation and privatisation in the transport sector have led to increases in productivity in general, not all reform hopes have materialised. In particular, the reform of the provision of infrastructure services has not caused the expected mobilisation of private resources, and...
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