Publication: Railway Concessions : Heading Down the Right Track in Argentina
Date
1996-09
ISSN
Published
1996-09
Author(s)
Carbajo, José
Estache, Antonio
Abstract
Argentina privatized many of its railway
services by concession contract during the early 1990s. The
reforms have been remarkable for their speed and innovation
- despite the complexity of the issues and the lack of
"off-the-shelf" models to follow at the time. The
overall result has been positive. Many services have
improved. Traffic has grown-up about 180 million passenger
trips a year. Subsidies have been cut dramatically - down
from US$2 billion or so a year to a little more that US$100
million. But as with any complex reform, there is an
unfinished agenda. And with the Argentine approach becoming
a model for other countries in Latin America this review of
the lessons starting to emerge from the reform experience is
a timely one.
Citation
“Carbajo, José; Estache, Antonio. 1996. Railway Concessions : Heading Down the Right Track in Argentina. Viewpoint: Public Policy for the Private Sector; Note No. 88. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/9d51e599-5248-524e-a43e-fb0a7b738a03 License: CC BY 3.0 IGO.”
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