Privatization began in the 1970s with Carter's deregulation of some business, and increased with the Thatcher administration in the United Kingdom, the Reagan administration in the United States, and many communist and socialist countries. One area of concern in privatization is transportation-airports, water ports, roads, and mass transit. Privatization can be implemented in financing, construction, operation, and maintenance of the transportation system, the main motives being the belief that the private sector can be more efficient than the public sector, and because public funds are becoming less plentiful for a variety of reasons. The focus is on ideas and innovations for expanding the private role in transportation. Specifically covered are ideas and innovations for expanding the role of private sector in U.S. transportation projects, private financing of urban transportation, airport privatization, water port improvement, toll roads, and competitive contracting for transit services.
The distinguished list of contributors includes the co-recipient of the 1996 Nobel Prize in Economics, William Vickrey. The audience for the work are scholars dealing with the discussions concerning the economics and politics of privatization, business people who are likely to be interested in potential opportunities, governmental regulators and staff, and policy makers.
Show morePrivatization began in the 1970s with Carter's deregulation of some business, and increased with the Thatcher administration in the United Kingdom, the Reagan administration in the United States, and many communist and socialist countries. One area of concern in privatization is transportation-airports, water ports, roads, and mass transit. Privatization can be implemented in financing, construction, operation, and maintenance of the transportation system, the main motives being the belief that the private sector can be more efficient than the public sector, and because public funds are becoming less plentiful for a variety of reasons. The focus is on ideas and innovations for expanding the private role in transportation. Specifically covered are ideas and innovations for expanding the role of private sector in U.S. transportation projects, private financing of urban transportation, airport privatization, water port improvement, toll roads, and competitive contracting for transit services.
The distinguished list of contributors includes the co-recipient of the 1996 Nobel Prize in Economics, William Vickrey. The audience for the work are scholars dealing with the discussions concerning the economics and politics of privatization, business people who are likely to be interested in potential opportunities, governmental regulators and staff, and policy makers.
Show moreA discussion of increasing reliance on private institutions to satisfy the needs of people for transportation while decreasing the role of government.
Overview
Review and Analysis of Privatization Efforts in Transportation by
Simon Hakim, Paul Seidenstat, and Gary Bowman
Ideas and Innovations in Developing Transportation Projects: A
Search for Alternative Mechanisms Involving the Private Sector by
Yuval Cohen
Developing Public-Private Partnerships in Infrastructure by William
H. Payson and Steven A. Steckler
Creating Financing Options for Urban Transporation Privatization by
Duane Windsor
Privatizing Airports and Ports
The Conflict Between Government Owned and Privately Operated
Airports by Robert L. Bogan
The Benefits and Costs of Airport Privatization by Eleanor D.
Craig
Evaluating the Privatizing of a Small Airport by Jack M. Reilly
Port Privatization: An Historical and Public Administration
Prospective by Jean Grosdidier de Matons
Strategies for Imporving Port System Performance: Worldwide
Experience by Anatoly Hochstein
Privatizing Roads
The Effects of the Post Intermodial Surface Transportation Act of
1991 on Financing Toll Roads by Robert W. Poole, Jr.
Selling the Roads by John Semmens
Introducting Market Forces to the Use of Public Roads: A Stage
Prior to Privatization by Gabriel Roth
Privatization and Marketization of Transport by William Vickrey
Lessons from Road Privatization Experience by Carl B. Williams
Privatizing Mass Transit
Applying Competitive Incentives to Public Transit by Wendell Cox
and Jean Love
The Competitive Contracting of Public Transit Services in San Diego
by Elliot P. Hurwitz
Privatizing the New York City Subway by Charles A.M. de Bartolome
and James B. Ramsey
Government Creation and the Privatization of an American Railroad
by Eric W. Beshers and Paul Seidenstat
SIMON HAKIM in Professor of Economics, Temple University. Dr.
Hakim has published over fifty scientific articles and edited five
books including Privatizing Education and Educational Choice:
Concepts, Plans, and Experiences (Praeger, 1994) with Seidenstat
and Brown.
PAUL SEIDENSTAT is Associate Professor of Economics, Temple
University. Dr. Seidenstat has been principal investigator for
projects for federal government agencies in areas of governmental
finance and management and realted areas.
GARY BOWMAN is Associate Professor of Economics, Temple University.
Dr. Bowman has focused his research on applications of
microeconomics in areas such as privatization, regulation, and
antitrust.
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