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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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Geddes, R. Richard
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : Lanham, Md. : AEI Press ; Rowman & Littlefield Pub. [distributor], ©2011.
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.