The Privatisation And Nationalisation Of European Roads

Presenting an evaluation of the critical elements of the contractual and regulatory design of the public-private collaboration that determines the likelihood of success and failure, this unique book will be of special interest to academics, graduate st

This work is dedicated to my fellow Americans, some 40,000 of them per year who have died needlessly in traffic fatalities. It is my sincere hope and expectation that under a system of private roads and highways in the future, that this number may be radically reduced.

At the end of the 1970s, the prospect of privatising public enterprises which operated in sectors such as water, telecommunications, railways or air transportation seemed a thoroughly unappealing one in political terms. Not even the future privatisation `champion', the British Conservative Party, envisaged this kind of reform when it came to power in 1979. Only two decades later, however, privatisation had become a global fashion. The EU region has been at the forefront of these developments. What are the factors that explain this shift? Judith Clifton, Francisco Comín and Daniel Díaz Fuentes in Privatisation in the European Union reject the two dominant explanations provided in literature, which include a simple 'Americanisation' of policy and a 'varied' privatisation experience without a common driving force. Using a systematic comparative analysis of privatisation experiences in each country from the 1980s to the beginning of the twenty first century, the authors show how the process of European integration and the need for internationally competitive industries have constituted key driving forces in the quest for privatisation across the EU. As privatisation slows down at the turn of the millennium, what future can citizens expect for public enterprises? Privatisation in the European Union is essential reading for researchers, students and policy-makers interested in privatisation, EU policy and the history of public enterprises.

The large-scale efforts to privatize the economies of the former socialist countries of Central and Eastern Europe may constitute the major economic undertaking of the decade. This book focuses on the process of privatization taking place in these countries, in particular on the transfer of state or socially-owned enterprise to private hands. The seven eminent contributions from central and eastern Europe deal with the following and other questions: Should nationalized property be returned to its former owners or do they have the right to claim compensation? Should part of an enterprise's wealth accumulated under state ownership be distributed to the workers of that enterprise or even to all citizens of that country? Should the transformation from a state or socially-owned enterprise to a private enterprise occur gradually or is quick large-scale privatization more effective? Which company forms prevail in recently adopted legislation? How are state or socially-owned enterprises valued and sold? How can foreign investors participate in the privatization process?

​Second in a two-volume set, this book discusses the role of public-private partnerships (PPPs) in global transportation infrastructure, specifically focusing on roads, bridges, and parking. To provide vital services in an era of shrinking government budgets, public-private partnerships have become an increasingly important part of travel infrastructure worldwide. This book describes and analyses the structure of various models of PPPs in several countries, evaluating their effectiveness, and drawing policy implications for future use. The chapters were written by leading international researchers and practitioners in the transportation field where each chapter is a case study on the adoption, implementation, and outcome of transportation services. Taken together, these diverse case studies provide an integrated framework for evaluating, using PPPs, and suggesting policy implications to both the public and the private sectors in transportation. Providing rigorous empirical analysis of PPPs in transportation, this volume will be of interest to researchers in public administration, political science, public choice, and economics as well as practitioners and policymakers involved in establishing and monitoring PPPs in transportation.

Regulation is one of the tools used by governments to control monopolistic behaviour in the provision of public services such as electricity, transport or water. Technological and financial innovations have changed these public services markets since the 1990s, bringing new regulatory challenges, including technological and financial ones. This book demonstrates that basic regulatory theory and tools can address these new challenges, in addition to more traditional regulatory issues, both in developed and developing economies. The theory covered in the book is robust enough to guide regulators in multiple contexts, including those resulting from the effects of financial or political constraints, evolving market structures or the need to adapt to institutional weaknesses, climate change and poverty concerns that demand regulatory intervention. A bridge between theory and an evolving global practice, this book mobilizes the lessons of the past to analyse the future of economic regulation.

For some rebel groups, governance is not always part of a military strategy but a necessary element of realizing revolution through civil war.