Publication:
Global Trend to Railway Concessions Delivering Positive Results

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dc.contributor.authorThompson, Louis S.
dc.contributor.authorBudin, Karim-Jacques
dc.date.accessioned2012-08-13T15:24:19Z
dc.date.available2012-08-13T15:24:19Z
dc.date.issued1997-12
dc.description.abstractThe authors review a number of recent innovative rail concessions. Each country has approached its problems differently, and each provides different insights into what can be achieved with concessions. But all the cases show that restructuring and substantial government investment in the design of a concession pay off. Concessionaires can do exactly what is expected-increase traffic, improve service, and enhance labor and asset efficiency if they are allowed to do so. A growing number of companies and consortiums are interested in investing in railway concessions if the concessions are offered on reasonable terms. And because both "positive" (where the concessionaire pays the government an agreed sum for the concession rights) and "negative" (where the government pays the concessionaire to operate and maintain the property) concessions are possible, loss-making but socially necessary services can also be concessioned. Perhaps the most important innovation in railway organization over the next few decades will be in the European Union. Regulatory changes have ignited a clear trend in the EU toward institutional separation of infrastructure from operations because infrastructure is seen as a state responsibility while operations (except for social services) are seen as commercial. One eventual result of institutional separation will be franchising or even privatization of most freight services and possibly intercity passenger services.en
dc.identifierhttp://documents.worldbank.org/curated/en/1997/12/441722/global-trend-railway-concessions-delivering-positive-results
dc.identifier.doi10.1596/11563
dc.identifier.urihttps://hdl.handle.net/10986/11563
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesViewpoint: Public Policy for the Private Sector; Note No. 134
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectCONCESSIONS
dc.subjectRAILWAYS
dc.subjectPRIVATE SECTOR
dc.subjectCASE STUDIES
dc.subjectPUBLIC INVESTMENTS
dc.subjectPRIVATE INVESTMENTS
dc.subjectPUBLIC ENTERPRISES
dc.subjectUNEMPLOYMENT
dc.subjectRISK MANAGEMENT
dc.subjectPUBLIC SERVICES
dc.subjectPRICING
dc.subjectENVIRONMENTAL MANAGEMENT
dc.subjectTARIFFS
dc.subjectSUBSIDIES
dc.subjectDENATIONALIZATION
dc.subjectTRANSPORT INFRASTRUCTURE
dc.subjectFREIGHT
dc.subjectPASSENGER TRANSPORT ACCIDENT
dc.subjectACCIDENTS
dc.subjectACCOUNTING
dc.subjectAIR TRAVEL
dc.subjectASSETS
dc.subjectCARRIERS
dc.subjectCITIES
dc.subjectCOMMUTER RAIL
dc.subjectCONCESSION AGREEMENT
dc.subjectCONCESSIONAIRE
dc.subjectDEBT
dc.subjectEMPLOYMENT
dc.subjectFARES
dc.subjectFEDERAL RAILWAY
dc.subjectFREIGHT
dc.subjectFREIGHT CONCESSIONS
dc.subjectFREIGHT SERVICES
dc.subjectHANDLING
dc.subjectHIGHWAYS
dc.subjectINCOME
dc.subjectLOCOMOTIVE AVAILABILITY
dc.subjectLOCOMOTIVES
dc.subjectMOTIVE POWER
dc.subjectNET PRESENT VALUE
dc.subjectOPERATING EFFICIENCY
dc.subjectPASSENGER SERVICES
dc.subjectPASSENGER TRAFFIC
dc.subjectPRIVATIZATION
dc.subjectPRODUCTIVITY
dc.subjectPUBLIC ENTERPRISES
dc.subjectRAIL
dc.subjectRAIL CONCESSIONS
dc.subjectRAIL NETWORKS
dc.subjectRAIL PASSENGER
dc.subjectRAIL SERVICES
dc.subjectRAIL TRAFFIC
dc.subjectRAILROAD
dc.subjectRAILWAY
dc.subjectRAILWAY CONCESSIONS
dc.subjectRAILWAYS
dc.subjectRAILWAYS ADVISER
dc.subjectRETIREMENT
dc.subjectROADBED
dc.subjectROLLING STOCK
dc.subjectSAFETY
dc.subjectSEVERANCE PAYMENTS
dc.subjectSHARING
dc.subjectSOCIAL SERVICES
dc.subjectSPEED
dc.subjectTERMINAL
dc.subjectTRACK
dc.subjectTRACKS
dc.subjectTRAINS
dc.subjectTRANSPORT
dc.subjectTRUCKS
dc.subjectURBAN SERVICES
dc.titleGlobal Trend to Railway Concessions Delivering Positive Resultsen
dspace.entity.typePublication
okr.date.doiregistration2025-04-29T10:15:06.957946Z
okr.doctypePublications & Research::Viewpoint
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/1997/12/441722/global-trend-railway-concessions-delivering-positive-results
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeGovernance
okr.globalpracticeTransport and ICT
okr.globalpracticeFinance and Markets
okr.guid912101468761096219
okr.identifier.externaldocumentum090224b0854e1fe5_2_0
okr.identifier.internaldocumentum441722
okr.identifier.report17368
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/1999/08/15/000009265_3980319100142/Rendered/PDF/multi_page.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.administrativeAfrica
okr.region.administrativeEurope and Central Asia
okr.region.countryCote d'Ivoire
okr.region.countryArgentina
okr.region.countryBurkina Faso
okr.region.countryMexico
okr.region.countrySwitzerland
okr.region.countryBrazil
okr.sectorPublic Administration, Law, and Justice
okr.topicTransport::Airports and Air Services
okr.topicUrban Development::Municipal Financial Management
okr.topicRoads and Highways
okr.topicBanks and Banking Reform
okr.topicRailways Transport
okr.topicFinance and Financial Sector Development
okr.unitFin & Private Sector Develop VP
okr.volume1 of 1
relation.isSeriesOfPublication1067ecbf-b217-4376-a77e-64594be2b212
relation.isSeriesOfPublication.latestForDiscovery1067ecbf-b217-4376-a77e-64594be2b212
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