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Author: Athena Roumboutsos Publisher: Routledge ISBN: 1351866222 Category : Business & Economics Languages : en Pages : 272
Book Description
This book seeks to enhance understanding of the impacts of project setup and its implementation environment on project performance by leveraging information from the study of a rich set of European transport infrastructure project cases. It puts forward a system’s view of project delivery and aims to serve as a strategic tool for decision makers and practitioners. The proposed approach is not limited to specific stakeholder views. On the contrary, it allows stakeholders to formulate their own strategies based on an holistic set of potential implementation scenarios. Furthermore, by including cases of projects that have been influenced by the recent financial crisis, the book aims to capitalise on experiences and provide guidelines as to the design and implementation of resilient projects delivered both through traditional as well as Public Private Partnership (PPP) models. Finally, the book proposes a new Transport Infrastructure Resilience Indicator and a corresponding project rating system that can be assessed with an eye to the future, ultimately aiming to support the successful delivery of transport infrastructure projects for all stakeholders involved.
Author: Athena Roumboutsos Publisher: Routledge ISBN: 1351866222 Category : Business & Economics Languages : en Pages : 272
Book Description
This book seeks to enhance understanding of the impacts of project setup and its implementation environment on project performance by leveraging information from the study of a rich set of European transport infrastructure project cases. It puts forward a system’s view of project delivery and aims to serve as a strategic tool for decision makers and practitioners. The proposed approach is not limited to specific stakeholder views. On the contrary, it allows stakeholders to formulate their own strategies based on an holistic set of potential implementation scenarios. Furthermore, by including cases of projects that have been influenced by the recent financial crisis, the book aims to capitalise on experiences and provide guidelines as to the design and implementation of resilient projects delivered both through traditional as well as Public Private Partnership (PPP) models. Finally, the book proposes a new Transport Infrastructure Resilience Indicator and a corresponding project rating system that can be assessed with an eye to the future, ultimately aiming to support the successful delivery of transport infrastructure projects for all stakeholders involved.
Author: United Nations. Economic Commission for Europe. Inland Transport Committee Publisher: ISBN: Category : Business & Economics Languages : en Pages : 104
Book Description
During recent decades governments all around the world were faced with a complicated set of options for investing in transport, including transport infrastructure. This publication examines main principles for determining the most appropriate models for financing transport infrastructure expenditures but also illustrates and analyses many innovative ways to finance transport infrastructure. Financing, in this context, means the provision of money at the time and in the quantity, that is needed to meet society's transport infrastructure and transport service provision needs. Thus, financing is a basic underpinning of the entire process of providing and operating transport infrastructure. Accepting the view, that transport infrastructure is needed to provide a well-defined set of public services, at the highest-level financing the transport sector, including transport infrastructure expenditures, is fundamentally a sovereign task, which involves determining how much of the government's available (public) resources will be channelled into the transport infrastructure, during a given period, as opposed to other policy priorities. However, this report proves that this is not the case anymore. There are many other innovative ways from which transport infrastructure construction could be funded other than the government's available (public) resources.
Author: Taylor & Francis Group Publisher: Routledge ISBN: 9780367735791 Category : Languages : en Pages : 292
Book Description
This book seeks to enhance understanding of the impacts of project setup and its implementation environment on project performance by leveraging information from the study of a rich set of European transport infrastructure project cases. It puts forward a system's view of project delivery and aims to serve as a strategic tool for decision makers and practitioners. The proposed approach is not limited to specific stakeholder views. On the contrary, it allows stakeholders to formulate their own strategies based on an holistic set of potential implementation scenarios. Furthermore, by including cases of projects that have been influenced by the recent financial crisis, the book aims to capitalise on experiences and provide guidelines as to the design and implementation of resilient projects delivered both through traditional as well as Public Private Partnership (PPP) models. Finally, the book proposes a new Transport Infrastructure Resilience Indicator and a corresponding project rating system that can be assessed with an eye to the future, ultimately aiming to support the successful delivery of transport infrastructure projects for all stakeholders involved.
Author: Arturo Ardila-Gomez Publisher: World Bank Publications ISBN: 1464807574 Category : Business & Economics Languages : en Pages : 111
Book Description
Urban transport systems are essential for economic development and improving citizens' quality of life. To establish high-quality and affordable transport systems, cities must ensure their financial sustainability to fund new investments in infrastructure while also funding maintenance and operation of existing facilities and services. However, many cities in developing countries are stuck in an "underfunding trap" for urban transport, in which large up-front investments are needed for new transport infrastructure that will improve the still small-scale, and perhaps, poor-quality systems, but revenue is insufficient to cover maintenance and operation expenses, let alone new investment projects. The urban transport financing gap in these cities is further widened by the implicit subsidies for the use of private cars, which represent a minority of trips but contribute huge costs in terms of congestion, sprawl, accidents, and pollution. Using an analytical framework based on the concept of "Who Benefits Pays," 24 types of financing instruments are assessed in terms of their social, economic and environmental impacts and their ability to fund urban transport capital investments, operational expenses, and maintenance. Urban transport financing needs to be based on an appropriate mix of complementary financing instruments. In particular for capital investments, a combination of grants †“from multiple levels of government†“ and loans together with investments through public private partnerships could finance large projects that benefit society. Moreover, the property tax emerges as a key financing instrument for capital, operation, and maintenance expenses. By choosing the most appropriate mix of financing instruments and focusing on wise investments, cities can design comprehensive financing for all types of urban transport projects, using multi-level innovative revenue sources that promote efficient pricing schemes, increase overall revenue, strengthen sustainable transport, and cover capital investments, operation, and maintenance for all parts of a public transport system, "from the sidewalk to the subway."
Author: International Transport Forum Publisher: OECD Publishing ISBN: 9282101568 Category : Languages : en Pages : 238
Book Description
Examines key principles that should be considered by governments in deciding how to provide and pay for surface transport infrastructure, with a view to best serving societies’ needs and employing public resources.
Author: Elliott Sclar Publisher: Routledge ISBN: 1317933893 Category : Business & Economics Languages : en Pages : 291
Book Description
This book sets out a road map for the provision of urban access for all. For most of the last century cities have followed a path of dependency on car dominated urban transport favouring the middle classes. Urban Access for the 21st Century seeks to change this. Policies need to be more inclusive of the accessibility needs of the urban poor. Change requires redesigning the existing public finance systems that support urban mobility. The aim is to diminish their embedded biases towards automobile-based travel. Through a series of chapters from international contributors, the book brings together expertise from different fields. It shows how small changes can incentivize large positive developments in urban transport and create truly accessible cities.
Author: Christina Malmberg Calvo Publisher: World Bank Publications ISBN: 9780821342480 Category : Business & Economics Languages : en Pages : 92
Book Description
World Bank Technical Paper No. 409. In developing and transition economies, 60 to 80 percent of all passenger and freight transport moves by road-the main form of access for most rural communities. Yet most of the 11 million kilometers of roads in these economies are badly maintained and poorly managed. This paper discusses one of the most effective ways to promote sound policies for managing and financing road networks--commercialization. It discusses the emerging central concept of bringing roads into the marketplace, putting them on a fee-for-service basis, and managing them like a business.
Author: Elena S. Prassas Publisher: Springer Science & Business Media ISBN: 364238580X Category : Technology & Engineering Languages : en Pages : 224
Book Description
This textbook provides a fundamental overview of the application of engineering economic principles to transportation infrastructure investments. Basic theory is presented and illustrated with examples specific to the transportation field. It also reviews the history of transportation finance, as well as current methods for funding transportation investments in the U.S. Future problems and potential solutions are also discussed and illustrated.
Author: Elliott D. Sclar Publisher: Routledge ISBN: 1317404351 Category : Business & Economics Languages : en Pages : 403
Book Description
By 2050, two-thirds of the world’s population will live in cities. To thrive, they will need efficient and sustainable forms of transport, but to achieve this, the financial incentives guiding urban transport operation must change – and change rapidly. Urban transport plays a critical role in determining the social, environmental and economic shape of cities. Improving Urban Access: New Approaches to Funding Transport Investment provide innovative ideas on how we might reorganize transport finance to ensure that it is suited to serving the social, environmental and economic principles that must guide future urban living. Continuing the work begun by its predecessor, Urban Access for the 21st Century, the authors assess the complexity of implementing new finance approaches and suggest ways to make positive and radical changes. Although the range of revenue raising options remain limited to users, indirect beneficiaries, and the general public, these can be recast to transform the way transport is paid for and therefore how its services are delivered. New finance models only succeed when they are intrinsically linked to the economic, social, cultural and political forces that create urban life. Together these volumes provide a starting point for the deeper research and policy design needed to successfully create urban transport finance systems that can address the challenges that 21st century cities present.
Author: Wendell C. Lawther Publisher: Lexington Books ISBN: 1498504175 Category : Political Science Languages : en Pages : 278
Book Description
This book discusses a unique combination of best practices and lessons learned, including evaluation and transparency issues not found elsewhere in other texts. Given that P3s are evolving and changing, it contains the most up to date information and review of relevant sources. Other topics that have become more important are reviewed, including the value of benefit cost analysis and the appropriate discount rate to use for value for money analysis. Practices and policies are discussed throughout, highlighting efforts that could lead to successful outcomes. Although transparency is an issue discussed by many, this research indicates that greater transparency would lead to more publicly accepted P3s and ensure greater success. Given recent national news coverage of relevant topics, such as the Highway Trust Fund “running out of money," President Obama’s call for an infrastructure fund, and increasing Congressional interest and testimony, the content of this book is timely. A concurrent theme commonly addressed by other books and commentaries is the complexity of the topic and the lack of understanding of P3s. This research identifies practices and procedures that are innovative and “cutting edge.” Many of the best practices identified are not uniformly adopted by all officials wishing to create P3s. The analysis does not simply describe these practices, but provides insights into the potential advantages of adoption. Experiences in the United States as well as selected international efforts provide a wide range of potential sources from which to draw upon. This book provides a series of case studies and examples, including one chapter devoted to ten studies that were written by several internationally known authors. References to actual experiences are found throughout almost all of the chapters. These case studies reinforce and illustrate relevant points made throughout.