Competition, Regulation and the Privatisation of British Rail PDF Download
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Author: John Shaw
Publisher: Routledge
ISBN: 1351732501
Category : Social Science
Languages : en
Pages : 212
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Book Description
This title was first published in 2000. This work looks at the privatization of British Rail. It covers the competition for franchises and the regulation of those franchises. The study evaluates the extent to which the promotion of competition was an appropriate policy goal in the privatization of British rail. The book examines the rail system as a whole and looks at the prospects for the future.
Author: John Shaw
Publisher: Routledge
ISBN: 1351732501
Category : Social Science
Languages : en
Pages : 212
Get Book Here
Book Description
This title was first published in 2000. This work looks at the privatization of British Rail. It covers the competition for franchises and the regulation of those franchises. The study evaluates the extent to which the promotion of competition was an appropriate policy goal in the privatization of British rail. The book examines the rail system as a whole and looks at the prospects for the future.
Author: R. Gibb
Publisher:
ISBN:
Category :
Languages : en
Pages : 7
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Book Description
Author: Sean McCartney
Publisher: Taylor & Francis
ISBN: 1000880966
Category : Business & Economics
Languages : en
Pages : 210
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Book Description
The privatisation of the British railway industry was a unique political and economic event. An integrated industry was broken-up into numerous component parts and sold off to private sector interests. The result was a highly fragmented industry that was structurally unsound and operationally dysfunctional. This authoritative volume presents an enlightening portrait of an industry that is less efficient, more costly and still more dependent on state subsidy today than its nationalised predecessor. The nine chapters in this work present a comprehensive and rigorous evaluation of how and why the industry has become so dysfunctional and costly, supported by detailed financial analysis and industry examples. Seven chapters comprise a series of peer-reviewed academic papers by Professor McCartney and Dr Stittle and published in leading international journals over the period 2004–2017 which analyse selected key segments of the privatised industry: where appropriate, updates are provided at the end of these chapters outlining developments since initial publication relevant to the analysis therein. Two chapters are published here for the first time: Chapter 7 reviews the performance of the freight sector, while Chapter 1 ‘bookends’ the volume by providing first, an account of how rail privatisation was conceived and implemented in the 1980s/90s, and then reviews the impact of the pandemic and the proposals of the Williams-Shapps White Paper of 2021 which, if enacted, will effectively end the Major government’s experiment. Going far beyond the usual superficial analysis of the topic, this volume will be of significant interest to researchers and advanced students of accounting, economics, business history, transport studies, as well as industry and specialised business interests in transport and privatisation.
Author: Adam Fularz
Publisher: Merkuriusz Polski ("Wieczorna.pl sp. z o.o.")
ISBN:
Category :
Languages : en
Pages : 67
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Book Description
Wydawnictwo Gazety Poselskiej
Author: Ioannis Nicolaos Kessides
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.
Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226386961
Category : Business & Economics
Languages : en
Pages : 483
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Book Description
Over the last twenty-five years, there has been an acceleration in the move from government regulation towards privatization. Governance, Regulation, and Privatization in the Asia-Pacific Region is the first thoroughgoing account of the relative success of the different approaches to privatization as undertaken in Korea, China, Australia, and Japan. In most contexts, privatization is expected to yield greater efficiency and cost effectiveness while avoiding the corruption and bloated budgets of government regulation or monopoly control. But broad-scale privatization, if ill designed, has also yielded its share of difficulties in East Asia. Privatization sometimes has created a vacuum in corporate governance for some of the region's most important industries and in some cases merely reinstated the monopoly-like configurations. The papers presented in this book discuss the experiences of privatization in several industries, including railroad and telecom, corporate governance problems, accounting issues, and challenges for the future in East Asian countries. The first section is theoretical in nature and proposes boundaries among government protection, market freedom, and shareholder expectations. The second part is constituted by country case studies, beginning with an analysis of both the Korean financial crisis that followed its 1997 law to privatize large, public sector corporations and the new ways Korean corporations finance themselves. Following is an evaluation of China's approach to privatization, with an in-depth look at the financial transitions of companies slated for initial public offering. Providing provocative examples of the methods of privatization in the Asia-Pacific region specifically, these papers will be of huge import to any economist or policymaker interested in transposing those successes for their own region.
Author: Adam Fularz
Publisher: Merkuriusz Polski ("Wieczorna.pl sp. z o.o.")
ISBN:
Category :
Languages : en
Pages : 73
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Book Description
Railways were often described as an example of a natural monopoly. Their market structure was historically constructed as a monopoly, and strongly influenced by tight governmental regulation. Railways have been one of the most heavily regulated sectors of the economy almost all the time throughout its history.
Author: Tom Haines-Doran
Publisher: Manchester University Press
ISBN: 1526164043
Category : Transportation
Languages : en
Pages : 185
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Book Description
Why don't trains run on time? Why are fares so expensive? Why are there so many strikes? Few would disagree that Britain's railways are broken, and have been for a long time. This insightful new book calls for a radical rethink of how we view the railways, and explains the problems we face and how to fix them. Haines-Doran argues that the railways should be seen as a social good and an indispensable feature of the national economy. With passengers and railway workers holding governments to account, we could then move past the incessant debates on whether our railways are an unavoidably loss-making business failure. An alternative vision is both possible and affordable, enabling the railways to play an instrumental role in decreasing social inequalities, strengthening the economy and supporting a transition to a sustainable future. This book is relevant to United Nations Sustainable Development Goal 9, Industry, innovation and infrastructure
Author: Carol Harlow
Publisher: Cambridge University Press
ISBN: 0521197074
Category : Law
Languages : en
Pages : 881
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Book Description
A contextualised study setting out the foundations of administrative law, with discussion of case law and legislation to show practical application.
Author: European Conference of Ministers of Transport
Publisher: OECD Publishing
ISBN: 9282101630
Category :
Languages : en
Pages : 234
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Book Description
This report examines experience to date from around the world in competitively tendering rail services. It seeks to draw lessons for effective design of concessions and regulation from both the successful and less successful cases examined.
