Going Private

The International Experience with Transport Privatization

José A. Gómez-Ibáñez, John R. Meyer

• Publisher: Brookings Institution Press
• Year: 2011
• eBook ISBN: 9780815715702
• Edition: 1
• Topic: Technology & Engineering
• Subtopic: Comparative Economics
• Index: Technology & Engineering

In the last decade many countries turned to private sources to provide services formerly offered by public agencies. Europeans, particularly the British and the French, were leaders in this movement. Developing countries also experimented extensively with privatization in the 1980s, with varying degrees of success. Because governments around the world are heavily involved in transportation, it is a natural focus of privatization experiments and in many ways has been at the cutting edge.
Going Private examines the diverse privatization experiences of transportation services and facilities. Cases are drawn from the United States, Asia, Europe, and Latin America. Since almost every country has experimented to some degree with highway and bus privatization, the authors focus particularly on these services, although they also discuss urban rail transit and airports. Highways and buses, they explain, encompass all three of the most common and basic forms of privatization: the sale of an exi

Table of contents

• 1. Introduction
• PART ONE—Privatizing Services: Urban Bus Transit
• PART TWO—Privatizing Infrastructure: High-Performance Highways
• PART THREE—Profitability and Privatization: Airports and Urban Rail Transit
• PART FOUR—Conclusion