Railway Reform in South East Europe and Turkey : On the Right Track?

The railways of South East Europe and Turkey experienced significant declines in traffic volumes in 2009. This reflected the impact of the international financial crisis unleashed in the last quarter of 2008 and its contractionary impact on the eco...

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Bibliographic Details
Main Author: Monsalve, Carolina
Format: Other Infrastructure Study
Language:English
Published: World Bank 2012
Subjects:
BAC
BUS
CTC
EIB
PPP
PSO
TAX
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20110519041442
http://hdl.handle.net/10986/2753
id okr-10986-2753
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCOUNTING
AIRPORT
BAC
BLOCK TRAINS
BUS
BUS SERVICES
CAPITAL INVESTMENT
CAPITAL PLANNING
CARS
CEMENT
CENTRALIZED TRAFFIC CONTROL
CONCRETE
CORRIDOR PERFORMANCE
COST RECOVERY RATIO
COST-BENEFIT ANALYSIS
CROSSING
CROSSINGS
CTC
DEBT
DIESEL
DIRECTIVE ON RAILWAY SAFETY
DRIVER LICENSES
DRIVERS
ECONOMIC COOPERATION
EFFICIENT TRANSPORT
EIB
ELECTRONIC DATA
ENVIRONMENTAL PROTECTION
EXTERNALITIES
FARE DISCOUNTS
FARE EVASION
FARES
FINANCE MINISTRIES
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL PERFORMANCE
FINANCIAL STABILITY
FREIGHT
FREIGHT CUSTOMERS
FREIGHT FLOWS
FREIGHT OPERATOR
FREIGHT RAIL
FREIGHT SERVICES
FREIGHT TRAFFIC
FREIGHT TRAINS
FREIGHT TRANSPORT
GRADIENTS
GRAVEL
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
HIGH SPEED RAIL
HOLDING COMPANIES
INCOME
INCOME STATEMENTS
INFORMATION TECHNOLOGY
INFRASTRUCTURE CAPACITY
INFRASTRUCTURE CHARGES
INFRASTRUCTURE CHARGING
INFRASTRUCTURE COSTS
INFRASTRUCTURE DEVELOPMENT
INTERNATIONAL ACCOUNTING STANDARDS
INTERNATIONAL PASSENGER TRANSPORT
INTERNATIONAL RAIL
INTERNATIONAL TRANSPORT
JOINT VENTURES
LABOR COSTS
LAND TRANSPORT
LAWS
LEGAL FRAMEWORK
LEGAL PROVISIONS
LEGISLATION
LICENSE
LOCOMOTIVE
LOCOMOTIVES
LOWER TRAFFIC VOLUMES
MANAGEMENT SERVICES
MINISTRY OF TRANSPORT
MOBILITY
MODAL SHARE
MODES OF TRANSPORT
MONIES
NATIONAL RAILWAY
NEW ENTRANTS
OPERATING COSTS
PASSENGER RAIL
PASSENGER RIGHTS
PASSENGER SERVICE
PASSENGER SERVICES
PASSENGER STATIONS
PASSENGER TRAFFIC
PASSENGER TRAINS
PASSENGERS
PEER REVIEW
PHOTO
POLICE
POLLUTION
PORTS
PPP
PRIVATE PARTNERSHIP
PRODUCTIVITY
PSO
PUBLIC POLICY
PUBLIC SERVICE OBLIGATION
PUBLIC WORKS
RADIO
RADIO FREQUENCY
RADIO FREQUENCY IDENTIFICATION
RAIL
RAIL ASSETS
RAIL COMPANIES
RAIL COMPANY
RAIL CORRIDOR
RAIL CORRIDORS
RAIL DIRECTIVES
RAIL FREIGHT
RAIL FREIGHT MARKET
RAIL FREIGHT NETWORK
RAIL FREIGHT OPERATORS
RAIL FREIGHT TRANSPORT
RAIL INFRASTRUCTURE
RAIL INFRASTRUCTURE DEVELOPMENT
RAIL INFRASTRUCTURE MANAGERS
RAIL MARKET
RAIL MARKETS
RAIL NETWORK
RAIL NETWORKS
RAIL OPERATOR
RAIL OPERATORS
RAIL PACKAGE
RAIL PASSENGER
RAIL PASSENGERS
RAIL SAFETY
RAIL SECTOR
RAIL SECTORS
RAIL SERVICE
RAIL SERVICES
RAIL SPACE
RAIL SYSTEM
RAIL TRAFFIC
RAIL TRAFFIC DENSITY
RAIL TRANSIT
RAIL TRANSPORT
RAIL TRANSPORT SERVICES
RAILROAD
RAILWAY
RAILWAY ACTIVITIES
RAILWAY AGENCY
RAILWAY AREA
RAILWAY AUTHORITY
RAILWAY COMPANIES
RAILWAY COMPANY
RAILWAY INDUSTRY
RAILWAY INFRASTRUCTURE
RAILWAY MANAGEMENT
RAILWAY MARKET
RAILWAY NETWORK
RAILWAY NETWORKS
RAILWAY OPERATIONS
RAILWAY OPERATORS
RAILWAY PACKAGE
RAILWAY REFORM
RAILWAY REFORMS
RAILWAY SECTOR
RAILWAY SYSTEM
RAILWAY TRACK
RAILWAY TRANSPORT
RAILWAY UNDERTAKINGS
RAILWAYS
RAILWAYS INFRASTRUCTURE
REGIONAL RAIL SERVICES
REGIONAL TRANSPORT
REGULATORY ENVIRONMENT
RFID
ROAD INFRASTRUCTURE
ROAD SECTOR
ROAD TRANSPORT
ROLLING STOCK
ROUTE
ROUTES
SAFETY
SAND
SERVICE CONTRACT
SERVICE CONTRACTS
SPEED
SPEEDS
STANDARD CONTRACT
STEEL
STRUCTURES
SUPERVISORY AUTHORITIES
TAX
TECHNICAL COOPERATION
TELECOMMUNICATION
TELEPHONE
TIMBER
TRACK
TRACKS
TRADE FLOWS
TRADE UNIONS
TRAFFIC
TRAFFIC ACCIDENTS
TRAFFIC CONGESTION
TRAFFIC CONTROL
TRAFFIC DENSITY
TRAFFIC DEVELOPMENTS
TRAFFIC GROWTH
TRAFFIC LEVELS
TRAFFIC MANAGEMENT
TRAFFIC SAFETY
TRAFFIC UNITS
TRAFFIC VOLUME
TRAFFIC VOLUMES
TRAIN DRIVERS
TRAIN LENGTH
TRAIN OPERATORS
TRANSIT
TRANSPARENCY
TRANSPORT
TRANSPORT ACTIVITIES
TRANSPORT COMMUNITY
TRANSPORT DEMAND
TRANSPORT MARKET
TRANSPORT MODES
TRANSPORT NETWORK
TRANSPORT OF GOODS
TRANSPORT OPERATIONS
TRANSPORT POLICY
TRANSPORT SERVICES
TRANSPORT SYSTEMS
TRANSPORTATION
TRANSPORTATION SERVICES
TRAVEL TIME
TRIP
TRUCKS
VEHICLES
WAGONS
spellingShingle ACCOUNTING
AIRPORT
BAC
BLOCK TRAINS
BUS
BUS SERVICES
CAPITAL INVESTMENT
CAPITAL PLANNING
CARS
CEMENT
CENTRALIZED TRAFFIC CONTROL
CONCRETE
CORRIDOR PERFORMANCE
COST RECOVERY RATIO
COST-BENEFIT ANALYSIS
CROSSING
CROSSINGS
CTC
DEBT
DIESEL
DIRECTIVE ON RAILWAY SAFETY
DRIVER LICENSES
DRIVERS
ECONOMIC COOPERATION
EFFICIENT TRANSPORT
EIB
ELECTRONIC DATA
ENVIRONMENTAL PROTECTION
EXTERNALITIES
FARE DISCOUNTS
FARE EVASION
FARES
FINANCE MINISTRIES
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL PERFORMANCE
FINANCIAL STABILITY
FREIGHT
FREIGHT CUSTOMERS
FREIGHT FLOWS
FREIGHT OPERATOR
FREIGHT RAIL
FREIGHT SERVICES
FREIGHT TRAFFIC
FREIGHT TRAINS
FREIGHT TRANSPORT
GRADIENTS
GRAVEL
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
HIGH SPEED RAIL
HOLDING COMPANIES
INCOME
INCOME STATEMENTS
INFORMATION TECHNOLOGY
INFRASTRUCTURE CAPACITY
INFRASTRUCTURE CHARGES
INFRASTRUCTURE CHARGING
INFRASTRUCTURE COSTS
INFRASTRUCTURE DEVELOPMENT
INTERNATIONAL ACCOUNTING STANDARDS
INTERNATIONAL PASSENGER TRANSPORT
INTERNATIONAL RAIL
INTERNATIONAL TRANSPORT
JOINT VENTURES
LABOR COSTS
LAND TRANSPORT
LAWS
LEGAL FRAMEWORK
LEGAL PROVISIONS
LEGISLATION
LICENSE
LOCOMOTIVE
LOCOMOTIVES
LOWER TRAFFIC VOLUMES
MANAGEMENT SERVICES
MINISTRY OF TRANSPORT
MOBILITY
MODAL SHARE
MODES OF TRANSPORT
MONIES
NATIONAL RAILWAY
NEW ENTRANTS
OPERATING COSTS
PASSENGER RAIL
PASSENGER RIGHTS
PASSENGER SERVICE
PASSENGER SERVICES
PASSENGER STATIONS
PASSENGER TRAFFIC
PASSENGER TRAINS
PASSENGERS
PEER REVIEW
PHOTO
POLICE
POLLUTION
PORTS
PPP
PRIVATE PARTNERSHIP
PRODUCTIVITY
PSO
PUBLIC POLICY
PUBLIC SERVICE OBLIGATION
PUBLIC WORKS
RADIO
RADIO FREQUENCY
RADIO FREQUENCY IDENTIFICATION
RAIL
RAIL ASSETS
RAIL COMPANIES
RAIL COMPANY
RAIL CORRIDOR
RAIL CORRIDORS
RAIL DIRECTIVES
RAIL FREIGHT
RAIL FREIGHT MARKET
RAIL FREIGHT NETWORK
RAIL FREIGHT OPERATORS
RAIL FREIGHT TRANSPORT
RAIL INFRASTRUCTURE
RAIL INFRASTRUCTURE DEVELOPMENT
RAIL INFRASTRUCTURE MANAGERS
RAIL MARKET
RAIL MARKETS
RAIL NETWORK
RAIL NETWORKS
RAIL OPERATOR
RAIL OPERATORS
RAIL PACKAGE
RAIL PASSENGER
RAIL PASSENGERS
RAIL SAFETY
RAIL SECTOR
RAIL SECTORS
RAIL SERVICE
RAIL SERVICES
RAIL SPACE
RAIL SYSTEM
RAIL TRAFFIC
RAIL TRAFFIC DENSITY
RAIL TRANSIT
RAIL TRANSPORT
RAIL TRANSPORT SERVICES
RAILROAD
RAILWAY
RAILWAY ACTIVITIES
RAILWAY AGENCY
RAILWAY AREA
RAILWAY AUTHORITY
RAILWAY COMPANIES
RAILWAY COMPANY
RAILWAY INDUSTRY
RAILWAY INFRASTRUCTURE
RAILWAY MANAGEMENT
RAILWAY MARKET
RAILWAY NETWORK
RAILWAY NETWORKS
RAILWAY OPERATIONS
RAILWAY OPERATORS
RAILWAY PACKAGE
RAILWAY REFORM
RAILWAY REFORMS
RAILWAY SECTOR
RAILWAY SYSTEM
RAILWAY TRACK
RAILWAY TRANSPORT
RAILWAY UNDERTAKINGS
RAILWAYS
RAILWAYS INFRASTRUCTURE
REGIONAL RAIL SERVICES
REGIONAL TRANSPORT
REGULATORY ENVIRONMENT
RFID
ROAD INFRASTRUCTURE
ROAD SECTOR
ROAD TRANSPORT
ROLLING STOCK
ROUTE
ROUTES
SAFETY
SAND
SERVICE CONTRACT
SERVICE CONTRACTS
SPEED
SPEEDS
STANDARD CONTRACT
STEEL
STRUCTURES
SUPERVISORY AUTHORITIES
TAX
TECHNICAL COOPERATION
TELECOMMUNICATION
TELEPHONE
TIMBER
TRACK
TRACKS
TRADE FLOWS
TRADE UNIONS
TRAFFIC
TRAFFIC ACCIDENTS
TRAFFIC CONGESTION
TRAFFIC CONTROL
TRAFFIC DENSITY
TRAFFIC DEVELOPMENTS
TRAFFIC GROWTH
TRAFFIC LEVELS
TRAFFIC MANAGEMENT
TRAFFIC SAFETY
TRAFFIC UNITS
TRAFFIC VOLUME
TRAFFIC VOLUMES
TRAIN DRIVERS
TRAIN LENGTH
TRAIN OPERATORS
TRANSIT
TRANSPARENCY
TRANSPORT
TRANSPORT ACTIVITIES
TRANSPORT COMMUNITY
TRANSPORT DEMAND
TRANSPORT MARKET
TRANSPORT MODES
TRANSPORT NETWORK
TRANSPORT OF GOODS
TRANSPORT OPERATIONS
TRANSPORT POLICY
TRANSPORT SERVICES
TRANSPORT SYSTEMS
TRANSPORTATION
TRANSPORTATION SERVICES
TRAVEL TIME
TRIP
TRUCKS
VEHICLES
WAGONS
Monsalve, Carolina
Railway Reform in South East Europe and Turkey : On the Right Track?
geographic_facet Europe and Central Asia
Southeastern Europe
Turkey
description The railways of South East Europe and Turkey experienced significant declines in traffic volumes in 2009. This reflected the impact of the international financial crisis unleashed in the last quarter of 2008 and its contractionary impact on the economies of the region and elsewhere. Lower traffic volumes translated in most cases into a serious deterioration of the financial performance of the state-owned railways. This brought home the costs of failing to implement essential reforms to improve the operational and financial performance of the sector when the economy was strong. In Romania in 2010, large-scale layoffs were announced at short notice for the state rail companies. The situation is similar for the Bulgarian state rail incumbents; they face an acute liquidity crisis, and will require additional state aid merely to keep running. The lesson of these events is clear: it is unwise to delay implementing state railway sector reforms during good economic times, because the consequences can be too severe if a financial downturn occurs before those reforms have been taken and properly implemented. This report begins by assessing implementation of the European Union (EU) legal and institutional framework and the state of institutional reform in South East Europe and Turkey. It then turns to a comparative assessment of the operational and financial performance of the rail sector in each of the 10 countries over 2005-2009, comparing the report countries with the EU-27 benchmark and three EU countries, Germany, Poland, and Slovenia. The report then moves on to the issue of rail corridor performance, with a specific focus on improving the institutional and regulatory environment at border-crossing points, before offering some conclusions. The first annex focuses on the performance of the incumbent state-owned railways of South East Europe and Turkey in much greater detail.
format Economic & Sector Work :: Other Infrastructure Study
author Monsalve, Carolina
author_facet Monsalve, Carolina
author_sort Monsalve, Carolina
title Railway Reform in South East Europe and Turkey : On the Right Track?
title_short Railway Reform in South East Europe and Turkey : On the Right Track?
title_full Railway Reform in South East Europe and Turkey : On the Right Track?
title_fullStr Railway Reform in South East Europe and Turkey : On the Right Track?
title_full_unstemmed Railway Reform in South East Europe and Turkey : On the Right Track?
title_sort railway reform in south east europe and turkey : on the right track?
publisher World Bank
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20110519041442
http://hdl.handle.net/10986/2753
_version_ 1764385896437645312
spelling okr-10986-27532021-04-23T14:02:04Z Railway Reform in South East Europe and Turkey : On the Right Track? Monsalve, Carolina ACCOUNTING AIRPORT BAC BLOCK TRAINS BUS BUS SERVICES CAPITAL INVESTMENT CAPITAL PLANNING CARS CEMENT CENTRALIZED TRAFFIC CONTROL CONCRETE CORRIDOR PERFORMANCE COST RECOVERY RATIO COST-BENEFIT ANALYSIS CROSSING CROSSINGS CTC DEBT DIESEL DIRECTIVE ON RAILWAY SAFETY DRIVER LICENSES DRIVERS ECONOMIC COOPERATION EFFICIENT TRANSPORT EIB ELECTRONIC DATA ENVIRONMENTAL PROTECTION EXTERNALITIES FARE DISCOUNTS FARE EVASION FARES FINANCE MINISTRIES FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL PERFORMANCE FINANCIAL STABILITY FREIGHT FREIGHT CUSTOMERS FREIGHT FLOWS FREIGHT OPERATOR FREIGHT RAIL FREIGHT SERVICES FREIGHT TRAFFIC FREIGHT TRAINS FREIGHT TRANSPORT GRADIENTS GRAVEL GREENHOUSE GAS GREENHOUSE GAS EMISSIONS HIGH SPEED RAIL HOLDING COMPANIES INCOME INCOME STATEMENTS INFORMATION TECHNOLOGY INFRASTRUCTURE CAPACITY INFRASTRUCTURE CHARGES INFRASTRUCTURE CHARGING INFRASTRUCTURE COSTS INFRASTRUCTURE DEVELOPMENT INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL PASSENGER TRANSPORT INTERNATIONAL RAIL INTERNATIONAL TRANSPORT JOINT VENTURES LABOR COSTS LAND TRANSPORT LAWS LEGAL FRAMEWORK LEGAL PROVISIONS LEGISLATION LICENSE LOCOMOTIVE LOCOMOTIVES LOWER TRAFFIC VOLUMES MANAGEMENT SERVICES MINISTRY OF TRANSPORT MOBILITY MODAL SHARE MODES OF TRANSPORT MONIES NATIONAL RAILWAY NEW ENTRANTS OPERATING COSTS PASSENGER RAIL PASSENGER RIGHTS PASSENGER SERVICE PASSENGER SERVICES PASSENGER STATIONS PASSENGER TRAFFIC PASSENGER TRAINS PASSENGERS PEER REVIEW PHOTO POLICE POLLUTION PORTS PPP PRIVATE PARTNERSHIP PRODUCTIVITY PSO PUBLIC POLICY PUBLIC SERVICE OBLIGATION PUBLIC WORKS RADIO RADIO FREQUENCY RADIO FREQUENCY IDENTIFICATION RAIL RAIL ASSETS RAIL COMPANIES RAIL COMPANY RAIL CORRIDOR RAIL CORRIDORS RAIL DIRECTIVES RAIL FREIGHT RAIL FREIGHT MARKET RAIL FREIGHT NETWORK RAIL FREIGHT OPERATORS RAIL FREIGHT TRANSPORT RAIL INFRASTRUCTURE RAIL INFRASTRUCTURE DEVELOPMENT RAIL INFRASTRUCTURE MANAGERS RAIL MARKET RAIL MARKETS RAIL NETWORK RAIL NETWORKS RAIL OPERATOR RAIL OPERATORS RAIL PACKAGE RAIL PASSENGER RAIL PASSENGERS RAIL SAFETY RAIL SECTOR RAIL SECTORS RAIL SERVICE RAIL SERVICES RAIL SPACE RAIL SYSTEM RAIL TRAFFIC RAIL TRAFFIC DENSITY RAIL TRANSIT RAIL TRANSPORT RAIL TRANSPORT SERVICES RAILROAD RAILWAY RAILWAY ACTIVITIES RAILWAY AGENCY RAILWAY AREA RAILWAY AUTHORITY RAILWAY COMPANIES RAILWAY COMPANY RAILWAY INDUSTRY RAILWAY INFRASTRUCTURE RAILWAY MANAGEMENT RAILWAY MARKET RAILWAY NETWORK RAILWAY NETWORKS RAILWAY OPERATIONS RAILWAY OPERATORS RAILWAY PACKAGE RAILWAY REFORM RAILWAY REFORMS RAILWAY SECTOR RAILWAY SYSTEM RAILWAY TRACK RAILWAY TRANSPORT RAILWAY UNDERTAKINGS RAILWAYS RAILWAYS INFRASTRUCTURE REGIONAL RAIL SERVICES REGIONAL TRANSPORT REGULATORY ENVIRONMENT RFID ROAD INFRASTRUCTURE ROAD SECTOR ROAD TRANSPORT ROLLING STOCK ROUTE ROUTES SAFETY SAND SERVICE CONTRACT SERVICE CONTRACTS SPEED SPEEDS STANDARD CONTRACT STEEL STRUCTURES SUPERVISORY AUTHORITIES TAX TECHNICAL COOPERATION TELECOMMUNICATION TELEPHONE TIMBER TRACK TRACKS TRADE FLOWS TRADE UNIONS TRAFFIC TRAFFIC ACCIDENTS TRAFFIC CONGESTION TRAFFIC CONTROL TRAFFIC DENSITY TRAFFIC DEVELOPMENTS TRAFFIC GROWTH TRAFFIC LEVELS TRAFFIC MANAGEMENT TRAFFIC SAFETY TRAFFIC UNITS TRAFFIC VOLUME TRAFFIC VOLUMES TRAIN DRIVERS TRAIN LENGTH TRAIN OPERATORS TRANSIT TRANSPARENCY TRANSPORT TRANSPORT ACTIVITIES TRANSPORT COMMUNITY TRANSPORT DEMAND TRANSPORT MARKET TRANSPORT MODES TRANSPORT NETWORK TRANSPORT OF GOODS TRANSPORT OPERATIONS TRANSPORT POLICY TRANSPORT SERVICES TRANSPORT SYSTEMS TRANSPORTATION TRANSPORTATION SERVICES TRAVEL TIME TRIP TRUCKS VEHICLES WAGONS The railways of South East Europe and Turkey experienced significant declines in traffic volumes in 2009. This reflected the impact of the international financial crisis unleashed in the last quarter of 2008 and its contractionary impact on the economies of the region and elsewhere. Lower traffic volumes translated in most cases into a serious deterioration of the financial performance of the state-owned railways. This brought home the costs of failing to implement essential reforms to improve the operational and financial performance of the sector when the economy was strong. In Romania in 2010, large-scale layoffs were announced at short notice for the state rail companies. The situation is similar for the Bulgarian state rail incumbents; they face an acute liquidity crisis, and will require additional state aid merely to keep running. The lesson of these events is clear: it is unwise to delay implementing state railway sector reforms during good economic times, because the consequences can be too severe if a financial downturn occurs before those reforms have been taken and properly implemented. This report begins by assessing implementation of the European Union (EU) legal and institutional framework and the state of institutional reform in South East Europe and Turkey. It then turns to a comparative assessment of the operational and financial performance of the rail sector in each of the 10 countries over 2005-2009, comparing the report countries with the EU-27 benchmark and three EU countries, Germany, Poland, and Slovenia. The report then moves on to the issue of rail corridor performance, with a specific focus on improving the institutional and regulatory environment at border-crossing points, before offering some conclusions. The first annex focuses on the performance of the incumbent state-owned railways of South East Europe and Turkey in much greater detail. 2012-03-19T10:12:42Z 2012-03-19T10:12:42Z 2011-03-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20110519041442 http://hdl.handle.net/10986/2753 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Economic & Sector Work :: Other Infrastructure Study Europe and Central Asia Southeastern Europe Turkey