Urban Transport : Can Public-Private Partnerships Work?

Cities exist, grow, and prosper because they take advantage of scale economies and specialization wrought by agglomeration. But output growth inevitably stresses transport infrastructure because production requires space and mobility. To prevent co...

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Bibliographic Details
Main Authors:	Engel, Eduardo, Galetovic, Alexander
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ACCIDENTS ACCOUNTING AGGLOMERATION AGGLOMERATION BENEFITS APPROPRIATIONS ASSET OWNERSHIP BALANCE SHEET BASIS POINTS BID BIDS BOND BOND FINANCING BONDHOLDER BONDHOLDERS BONDS BRIDGE BUY BACK CAPACITY EXPANSION CAPITAL MARKET CAPITAL REQUIREMENTS CAR CAR TRAVEL CARS CASH FLOWS CITIES CONCESSION CONCESSIONAIRES CONCESSIONS CONGESTION CONTRACT DESIGN CONTRACT MONITORING CONTRACT RENEGOTIATION CONTRACTUAL OBLIGATION COST OF CAPITAL COUNTRY RISK COUNTY TRANSPORTATION DAILY TRIPS DEBT DECENTRALIZATION DEFAULT RISK DISCOUNT RATE DRIVING ECONOMIC PERFORMANCE EFFICIENT SCALE OF OPERATION ELASTICITY ELASTICITY OF DEMAND ELECTRICITY EXCHANGE RATE EXPRESS LANES EXPROPRIATION EXTERNALITIES FINANCIAL CRISIS FINANCIAL MARKET FINANCIAL SUPPORT FINANCIAL VIABILITY FRANCHISE AGREEMENT FREEWAY FUTURE DEMAND GOVERNMENT BUDGET GOVERNMENT DEBT GOVERNMENT GUARANTEES GOVERNMENT PAYMENTS GOVERNMENT SPENDING GROWTH RATES HIGHWAY HIGHWAY MAINTENANCE HIGHWAY PROJECTS INCOME INCOME ELASTICITY INFRASTRUCTURE COSTS INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INSTITUTIONAL REFORM INTEREST RATES INTERNATIONAL AIRPORT INTERNATIONAL BANK INTERNATIONAL TRADE LENDER LOCAL GOVERNMENTS MAINTENANCE CONTRACTORS MARKET DISCIPLINE MARKET ECONOMY MOBILITY MORAL HAZARD MOTOR VEHICLES MOTORISTS MUNICIPALITIES NATIONAL GOVERNMENTS NEGATIVE EXTERNALITIES NOISE OPEN ACCESS OPERATING EXPENSES PIERS PLEDGES POLLUTION POWER PRESENT VALUE PRINCIPAL PAYMENT PRIVATE FINANCING PRIVATE PARTY PROPERTY RIGHTS PROVISIONS PRUDENTIAL REGULATION PUBLIC PUBLIC AGENCIES PUBLIC DEBT PUBLIC FINANCE PUBLIC FUNDS PUBLIC GOODS PUBLIC INFRASTRUCTURE PUBLIC MANAGER PUBLIC MANAGERS PUBLIC PRIVATE PARTNERSHIPS PUBLIC PROJECTS PUBLIC PROVISION PUBLIC SECTOR PUBLIC TOLL ROADS PUBLIC TRANSPORTATION PUBLIC WORKS REGULAR PAYMENTS RENEGOTIATIONS RESERVE RETURN RETURNS REVENUE COLLECTION RISK MANAGEMENT RISK SHARING ROAD ROAD EXPENDITURES ROAD USERS ROADS ROUND TRIP ROUTE SAVINGS SERVICE PROVIDERS SETTLEMENT SHAREHOLDERS SPRAWL STREET MAINTENANCE STREETS TAX TAX REVENUE TAX REVENUES TOLL TOLL INCREASES TOLL MOTORWAYS TOLL REVENUES TOLL ROAD TOLL ROADS TOLL SCHEDULE TOLLS TRAFFIC TRAFFIC GROWTH TRANSFER RISKS TRANSPORT INFRASTRUCTURE TRANSPORT INVESTMENTS TRANSPORT POLICY TRANSPORTATION TRANSPORTATION AUTHORITY TRANSPORTATION PROJECTS TRANSPORTATION RESEARCH TRUE TUNNELS URBAN HIGHWAYS URBAN LIFE URBAN PLANNERS URBAN ROAD URBAN ROAD CAPACITY URBAN ROAD CAPACITY POLICY URBAN TRANSPORT USER CHARGES VALUATION VEHICLE VEHICLE TRIPS
Online Access:	http://documents.worldbank.org/curated/en/2014/05/19540255/urban-transport-can-public-private-partnerships-work http://hdl.handle.net/10986/18746