Financing European Transport Infrastructure
Policies and Practice in Western Europe

By Sheila Farrell
February 1999
Macmillan UK
ISBN: 0333718968
272 pages
$157.50 hardcover


'...the book is very readable, and is a valuable starting point for anybody interested in different financing mechanisms and possibilites for transport infrastructure used across Western Europe.' - Barry Ubbels, Journal of Transport Geography

'A very useful and valuable contribution to transport literature...I feel no hesitation in recommending it to the students of transport economics, as well as those professionals who want to have an in-depth understanding of the problems encountered in financing transport infrastructure investment and the solutions developed to deal with them in Western Europe.' - M.Q. Dalvi, Transport Reviews

Financing European Transport Infrastructure examines organisational arrangements for planning and financing transport infrastructure in Western Europe. It covers all modes of transport - road, rail, sea, air, urban, and inland waterways - and asks why their financing arrangements are so different. It looks at the division of responsibilities between central and local government, and the growing role of autonomous public bodies, the European Commission and private finance. It examines the consequences of investment failing to keep up with demand - in congestion, environmental damage and slower growth - and the impact of new approaches, including public-private partnerships.

Contents:
Preface
Introduction
Organisational Framework
Roads
Railways
Urban Public Transport
Inland Waterways
European Airways
Airports
Sea Ports
Funding Mechanisms for the Future
Index

Author Biography:
SHEILA FARRELL is an independent transport consultant specialising in investment appraisal and project finance. Since 1993 she has been an Honorary Research Fellow at Imperial College London.

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