Privatisation and Regulation of Urban Transit Systems [electronic resource] / Organisation for Economic Co-operation and Development and International Transport Forum
- Corporate Author:
- Organisation for Economic Co-operation and Development
- [Place of publication not identified] : OECD Publishing, 2008.
- Physical Description:
- 152 pages
- Additional Creators:
- International Transport Forum
- ITF Round Tables, 2074-336X ; no.141
- Summary of Discussions -- The Political Economy of Urban Transit -- Contracting for Public Transit Services in the US: Evaluating the Tradeoffs -- Privatisation, Regulation and Competition: A Thirty-year Retrospective on Transit Efficiency -- Towards a Reform of Urban Transit Systems: Topics for Action.
- Urban public transport services generally run at a large deficit. This has led public authorities to seek efficiencies, notably through private sector involvement. Support for the sector traditionally seeks to provide basic mobility services to all segments of society, including low-income users. Intervention is also required to manage the natural tendency towards concentration and market power in the provision of these transport services. Policy towards urban public transport is increasingly aimed at managing congestion on the roads and mitigating CO2 emissions by substituting for travel by car. Achieving coherent transport networks that are efficient and financially sustainable is a challenge for any public authority. This Round Table examines experience in integrating private management and capital with public transport policy objectives in a number of developed economies. For network operators, the Round Table concludes that innovation is the key to surviving the rapidly changing policy and regulatory environment.
- Other Edition:
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