Funding and Financing Transport Infrastructure
Title | Funding and Financing Transport Infrastructure PDF eBook |
Author | Athena Roumboutsos |
Publisher | Routledge |
Total Pages | 272 |
Release | 2017-09-07 |
Genre | Business & Economics |
ISBN | 1351866222 |
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.
Transport Trends and Economics 2016-2017
Title | Transport Trends and Economics 2016-2017 PDF eBook |
Author | United Nations. Economic Commission for Europe. Inland Transport Committee |
Publisher | |
Total Pages | 104 |
Release | 2017 |
Genre | Business & Economics |
ISBN |
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.
Funding and Financing Transport Infrastructure
Title | Funding and Financing Transport Infrastructure PDF eBook |
Author | Taylor & Francis Group |
Publisher | Routledge |
Total Pages | 292 |
Release | 2020-12-18 |
Genre | |
ISBN | 9780367735791 |
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.
Sustainable Urban Transport Financing from the Sidewalk to the Subway
Title | Sustainable Urban Transport Financing from the Sidewalk to the Subway PDF eBook |
Author | Arturo Ardila-Gomez |
Publisher | World Bank Publications |
Total Pages | 111 |
Release | 2015-12-31 |
Genre | Business & Economics |
ISBN | 1464807574 |
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."
Urban Access for the 21st Century
Title | Urban Access for the 21st Century PDF eBook |
Author | Elliott D. Sclar |
Publisher | Routledge |
Total Pages | 291 |
Release | 2014-03-05 |
Genre | Business & Economics |
ISBN | 1317933893 |
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.
Transport Infrastructure Investment Options for Efficiency
Title | Transport Infrastructure Investment Options for Efficiency PDF eBook |
Author | International Transport Forum |
Publisher | OECD Publishing |
Total Pages | 238 |
Release | 2008-02-14 |
Genre | |
ISBN | 9282101568 |
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.
Options for Managing and Financing Rural Transport Infrastructure
Title | Options for Managing and Financing Rural Transport Infrastructure PDF eBook |
Author | Christina Malmberg Calvo |
Publisher | World Bank Publications |
Total Pages | 92 |
Release | 1998-01-01 |
Genre | Business & Economics |
ISBN | 9780821342480 |
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.