The road to renewal : private investment in U.S. transportation infrastructure /
Despite record levels of government spending, America's transportation system is plagued by traffic congestion, decaying infrastructure, and politicization of transportation funding-leading to calamities such as the 2007 collapse an interstate highway bridge over the Mississippi River and polit...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington, D.C. : Lanham, Md. :
AEI Press ; Rowman & Littlefield Pub. [distributor],
©2011.
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Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Machine generated contents note: 1. Three Critical Transportation Policy Reforms
- Problem with Fuel Taxes
- Better Strategy: Fee for Road Use
- Congestion Pricing: Paying According to Cost
- Private Investment in Transportation Infrastructure
- 2. Basics of Public-Private Partnerships
- PPP Terminology
- Types of PPP Contracts
- Transportation PPPs in the United States
- 3. Compared to What? Why Private Investor Participation Is Needed
- Governance under Bureaucratic Administration
- Private Investment Improves Governance
- Governance Experience in Public Toll Authorities
- 4. Benefits of PPPs: Competition, Management, and Project Delivery
- PPPs Create Competition in Facility Management
- PPPs Accelerate Project Delivery
- PPPs Improve Incentives to Contain Costs and Efficiently Utilize Road Capacity
- PPPs Improve Incentives to Enhance Safety
- PPPs Provide Incentives and Resources to Adopt Emerging Technologies
- PPPs Improve Public Control over Assets
- 5. Benefits of PPPs: Investment, Risk Transfer, and the Rationalization of Investment
- PPPs Introduce New Classes of Investors
- Global Investment in U.S. Transportation Infrastructure
- PPPs Offer Investors New Options
- PPPs Transfer Risk from Taxpayers to Professional Risk Bearers
- Private Participation Reveals the True Cost of Capital
- PPPs Rationalize Transportation Investment
- Public Policies to Encourage Infrastructure Investment
- Conclusion
- 6. Benefits of Brownfield Public-Private Partnerships
- PPP Benefits Created by Brownfield Concessions
- Brownfield Leases Unlock Latent Value for Facility Citizen-Owners
- Intergenerational Equity and Brownfield PPPs
- 7. Benefits of Private Investor Participation Demonstrated
- Empirical Evidence on the Effects of Private Participation
- Performance of Transportation Public-Private Partnerships Abroad
- 8. Public-Private Partnerships in the Public Interest
- Managing the PPP Process
- Addressing Potential Market Power
- Additional Contracting Issues
- Ex Post Opportunism.