By Giovanna da Silva The 21st century has seen a substantial increase in public-private partnerships in the United States and around the world. The basic principle behind public-private partnerships, or P3s, is that government works with the private sector in order to build and finance public works projects. P3s have been increasingly encouraged by state … Continue reading Private Sector Can Shoulder Some of the Risk for New Road Construction
Why the U.S. Should Adopt the Nordic Approach to Private Roads
By Giovanna da Silva Many view the United States as a free market capitalist state and Nordic countries such as Sweden and Finland as socialist due to their extensive welfare system. Yet, in the United States, most roads, highways, and other transportation infrastructure are publicly owned and operated. Meanwhile, the vast majority of roads in … Continue reading Why the U.S. Should Adopt the Nordic Approach to Private Roads
Lima’s Transit Woes
Original post date: October 07, 2013 Article by: Ben Douglas The World Bank has devoted a considerable amount of funding in recent years to the establishment of Bus Rapid Transit (BRT) systems in Latin America (and Africa). Numerous prominent Latin American cities have taken loans from the global financial institution for this purpose, including Mexico … Continue reading Lima’s Transit Woes
Path Dependence, Entrenched Interests, and the Future of Transit
Original post date: April 09, 2013 Article by: Anonymous Path dependence: The tendency of a past or traditional practice or preference to continue even if better alternatives are available. Mortimer L. Downey has worked in New York's Metropolitan Transit Authority (MTA) and the Washington Metropolitan Area Transit Authority (MATA), and was one of several presenters at a May … Continue reading Path Dependence, Entrenched Interests, and the Future of Transit