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Private and Public Investment in Transport : Report of the Eighty-First Round Table on Transport Economics Held in Paris on 11-12 May 1989 [electronic resource]
INTRODUCTORY REPORTS -- Private and Public Investment in Transport by Bernard Gerardin, France -- -Introduction -- The specific characteristics of financing operations concernign major transport infrastructure projects -- Risk identification and evaluation -- Types of financial packages -- Community instruments for funding transport -- Some examples of major infrastructure projects financing operations -- The Mont Blanc Tunnel -- The Channel Tunnel -- The Northern Paris-Brussels-Cologne-Amsterdam TGV -- Recommendations and prospects -- References -- Bibliography -- Private and Public Investment in Transport by John Rickard -- -Introduction -- Transport policy -- Privatisation -- Private sector infrastructure -- Privately financed road schemes -- Public transport -- The London Underground System -- Summary and conclusions -- References -- Private and Public Investment in Transport by Werner Rothengatter -- Introduction -- Transport infrastructure as a pure public good or club good -- Basis for investment and pricing theory in transport -- Private and public investment in the Federal Republic of Germany -- Possibilities of attracting more private capital to finance transport investment -- Summary and outlook -- Bibliography -- SUMMARY OF DISCUSSIONS -- LIST OF PARTICIPANTS
Europe's transport links with its periphery are still inadequate while some more central areas are plagued with traffic congestion. Since new investment projects to maintain infrastructure and increase its capacity cannot always be entirely funded out of the public purse, the question of using private sector funds arises. Round Table 81 takes stock of the problems and considers the contribution private capital could bring in funding transport infrastructure.