Funding and Financing Transport Infrastructure PDF Download

Author: Athena Roumboutsos
Publisher: Routledge
ISBN: 1351866222
Category : Business & Economics
Languages : en
Pages : 272

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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: S. Farrell
Publisher: Springer
ISBN: 0230502296
Category : Business & Economics
Languages : en
Pages : 267

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Book Description
Financing European Transport Infrastructure examines organisational arrangements for planning and financing transport infrastructure in Western Europe. It covers all modes of transport - road, rail, sea, air, urban, and inland waterways - and asks why their financing arrangements are so different. It looks at the division of responsibilities between central and local government, and the growing role of autonomous public bodies, the European Commission and private finance. It examines the consequences of investment failing to keep up with demand - in congestion, environmental damage and slower growth - and the impact of new approaches, including public-private partnerships.

Author: European Commission. Directorate General for Mobility and Transport
Publisher: Office for Official Publications of the European Communities
ISBN:
Category : Business & Economics
Languages : en
Pages : 32

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Book Description
Recoge: 1. Preparing the European transport area for the future. 2. A vision for a competitive and sustainable transport system. 3. The strategy - what needs to be done. ANNEX: List of initiatives.

Author: International Transport Forum
Publisher: OECD Publishing
ISBN: 9282101568
Category :
Languages : en
Pages : 238

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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: Arturo Ardila-Gomez
Publisher: World Bank Publications
ISBN: 1464807574
Category : Business & Economics
Languages : en
Pages : 111

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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: Giorgio Ragazzi
Publisher: Elsevier
ISBN: 0080460690
Category : Technology & Engineering
Languages : en
Pages : 263

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Book Description
This volume raises many challenging and controversial issues surrounding motorway procurement and finance in Europe. A somewhat surprising outcome is that a general appraisal bias can be identified in the following sense: Experts from countries which have introduced concession schemes for managing and financing of their motorways are very critical of these schemes, stressing their shortcomings and caveats. Some even conclude that public management under a regime of welfare maximisation would be desirable as a sustainable option. Experts from countries which have been sticking to public procurement and tax finance of motorways strongly attack the inefficiency of public planning regimes and the general tendency to allocate the revenues from special transport related taxes to the public budget, eventually spending them on other purposes rather than transport. A typical feature of the latter regime seems to be the chronic lack of funds for infrastructure investment. Although a single ideal country concept for motorway procurement and finance obviously cannot be identified, every paper gives some insights into possible future improvements. Therefore, beyond the rich documentation of national solutions it is the perspective on workable future concepts which makes the book a valuable guide through the jungle of manifold options for public/private partnerships. This book is a selection of papers presented to the international conference "Highways: Costs and Regulation in Europe", held in Bergamo on the 26th - 27th of November 2004. The Conference was organised by the University of Bergamo, and sponsored by the European Investment Bank.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264193529
Category :
Languages : en
Pages : 153

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Book Description
This report describes evaluation methods for transport infrastructure investments to ensure that scarce resources are allocated in a way that maximises their net return to society.

Author: Mr.Rabah Arezki
Publisher: International Monetary Fund
ISBN: 1475591837
Category : Business & Economics
Languages : en
Pages : 47

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Book Description
This paper investigates the emerging global landscape for public-private co-investments in infrastructure. The creation of the Asian Infrastructure Investment Bank and other so-called “infrastructure investment platforms” are an attempt to tap into the pool of both public and private long-term savings in order to channel the latter into much needed infrastructure projects. This paper puts these new initiatives into perspective by critically reviewing the literature and experience with public private partnerships in infrastructure. It concludes by identifying the main challenges policy makers and other actors will need to confront going forward and to turn infrastructure into an asset class of its own.

Author: Willem Molle
Publisher: Routledge
ISBN: 113407199X
Category : Business & Economics
Languages : en
Pages : 489

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Book Description
The only comprehensive text available for advanced study and professional reference, this book brings much needed clarity to both the theoretical and practical aspects of EU intervention. Integrating both theoretical and practical research in a clear and accessible structure, covering economic, social and territorial issues European Cohesion Policy provides a systematic view of the various stages of the whole policy cycle, looking in detail at: the evolution of the problems the design of the policy system the implementation in practice the evaluation of effects . An authoritative analysis of the problems and debates involved, European Cohesion Policy is essential reading for students, policy makers, development workers and researchers working in all aspects of European policy.

Author: Floriana Cerniglia
Publisher:
ISBN: 9781800640160
Category : Investment of public funds
Languages : en
Pages : 198

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Book Description
The essays in this outlook collectively foster a broad approach to and definition of public investment, that is today more relevant than ever. Offering up a timely and clear case for the elimination of bias against investment in European fiscal rules, this outlook is a welcome contribution to the European debate, aimed both at policy makers and general readers.