Download or read book Funding and Financing Transport Infrastructure written by Athena Roumboutsos and published by Routledge. This book was released on 2017-09-07 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book seeks to enhance understanding of the impacts of project setup and its implementation environment on project performance by leveraging information from the study of a rich set of European transport infrastructure project cases. It puts forward a system’s view of project delivery and aims to serve as a strategic tool for decision makers and practitioners. The proposed approach is not limited to specific stakeholder views. On the contrary, it allows stakeholders to formulate their own strategies based on an holistic set of potential implementation scenarios. Furthermore, by including cases of projects that have been influenced by the recent financial crisis, the book aims to capitalise on experiences and provide guidelines as to the design and implementation of resilient projects delivered both through traditional as well as Public Private Partnership (PPP) models. Finally, the book proposes a new Transport Infrastructure Resilience Indicator and a corresponding project rating system that can be assessed with an eye to the future, ultimately aiming to support the successful delivery of transport infrastructure projects for all stakeholders involved.

Download or read book The Infrastructure Finance Challenge written by Ingo Walter and published by Open Book Publishers. This book was released on 2016-11-21 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure and its effects on economic growth, social welfare, and sustainability receive a great deal of attention today. There is widespread agreement that infrastructure is a key dimension of global development and that its impact reaches deep into the broader economy with important and multifaceted implications for social progress. At the same time, infrastructure finance is among the most complex and challenging areas in the global financial architecture. Ingo Walter, Professor Emeritus of Finance, Corporate Governance and Ethics at the Stern School of Business, New York University, and his team of experts tackle the issue by focussing on key findings backed by serious theoretical and empirical research. The result is a set of viable guideposts for researchers, policy-makers, students and anybody interested in the varied challenges of the contemporary economy.

Download or read book Sustainable Urban Transport Financing from the Sidewalk to the Subway written by Arturo Ardila-Gomez and published by World Bank Publications. This book was released on 2015-12-31 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: Urban transport systems are essential for economic development and improving citizens' quality of life. To establish high-quality and affordable transport systems, cities must ensure their financial sustainability to fund new investments in infrastructure while also funding maintenance and operation of existing facilities and services. However, many cities in developing countries are stuck in an "underfunding trap" for urban transport, in which large up-front investments are needed for new transport infrastructure that will improve the still small-scale, and perhaps, poor-quality systems, but revenue is insufficient to cover maintenance and operation expenses, let alone new investment projects. The urban transport financing gap in these cities is further widened by the implicit subsidies for the use of private cars, which represent a minority of trips but contribute huge costs in terms of congestion, sprawl, accidents, and pollution. Using an analytical framework based on the concept of "Who Benefits Pays," 24 types of financing instruments are assessed in terms of their social, economic and environmental impacts and their ability to fund urban transport capital investments, operational expenses, and maintenance. Urban transport financing needs to be based on an appropriate mix of complementary financing instruments. In particular for capital investments, a combination of grants †“from multiple levels of government†“ and loans together with investments through public private partnerships could finance large projects that benefit society. Moreover, the property tax emerges as a key financing instrument for capital, operation, and maintenance expenses. By choosing the most appropriate mix of financing instruments and focusing on wise investments, cities can design comprehensive financing for all types of urban transport projects, using multi-level innovative revenue sources that promote efficient pricing schemes, increase overall revenue, strengthen sustainable transport, and cover capital investments, operation, and maintenance for all parts of a public transport system, "from the sidewalk to the subway."

Download or read book The Geography of Transport Systems written by Jean-Paul Rodrigue and published by Routledge. This book was released on 2013-07-18 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mobility is fundamental to economic and social activities such as commuting, manufacturing, or supplying energy. Each movement has an origin, a potential set of intermediate locations, a destination, and a nature which is linked with geographical attributes. Transport systems composed of infrastructures, modes and terminals are so embedded in the socio-economic life of individuals, institutions and corporations that they are often invisible to the consumer. This is paradoxical as the perceived invisibility of transportation is derived from its efficiency. Understanding how mobility is linked with geography is main the purpose of this book. The third edition of The Geography of Transport Systems has been revised and updated to provide an overview of the spatial aspects of transportation. This text provides greater discussion of security, energy, green logistics, as well as new and updated case studies, a revised content structure, and new figures. Each chapter covers a specific conceptual dimension including networks, modes, terminals, freight transportation, urban transportation and environmental impacts. A final chapter contains core methodologies linked with transport geography such as accessibility, spatial interactions, graph theory and Geographic Information Systems for transportation (GIS-T). This book provides a comprehensive and accessible introduction to the field, with a broad overview of its concepts, methods, and areas of application. The accompanying website for this text contains a useful additional material, including digital maps, PowerPoint slides, databases, and links to further reading and websites. The website can be accessed at: http://people.hofstra.edu/geotrans This text is an essential resource for undergraduates studying transport geography, as well as those interest in economic and urban geography, transport planning and engineering.

Download or read book Private Financing of Public Transportation Infrastructure written by Wendell C. Lawther and published by Lexington Books. This book was released on 2015-10-22 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses a unique combination of best practices and lessons learned, including evaluation and transparency issues not found elsewhere in other texts. Given that P3s are evolving and changing, it contains the most up to date information and review of relevant sources. Other topics that have become more important are reviewed, including the value of benefit cost analysis and the appropriate discount rate to use for value for money analysis. Practices and policies are discussed throughout, highlighting efforts that could lead to successful outcomes. Although transparency is an issue discussed by many, this research indicates that greater transparency would lead to more publicly accepted P3s and ensure greater success. Given recent national news coverage of relevant topics, such as the Highway Trust Fund “running out of money," President Obama’s call for an infrastructure fund, and increasing Congressional interest and testimony, the content of this book is timely. A concurrent theme commonly addressed by other books and commentaries is the complexity of the topic and the lack of understanding of P3s. This research identifies practices and procedures that are innovative and “cutting edge.” Many of the best practices identified are not uniformly adopted by all officials wishing to create P3s. The analysis does not simply describe these practices, but provides insights into the potential advantages of adoption. Experiences in the United States as well as selected international efforts provide a wide range of potential sources from which to draw upon. This book provides a series of case studies and examples, including one chapter devoted to ten studies that were written by several internationally known authors. References to actual experiences are found throughout almost all of the chapters. These case studies reinforce and illustrate relevant points made throughout.

Download or read book Impact of Transport Infrastructure Investment on Regional Development written by OECD and published by OECD Publishing. This book was released on 2002-05-23 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report describes evaluation methods for transport infrastructure investments to ensure that scarce resources are allocated in a way that maximises their net return to society.

Download or read book Africa s Power Infrastructure written by Orvika Rosnes and published by World Bank Publications. This book was released on 2011 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa's Power Infrastructure: Investment, Integration, Efficiency is based on the most extensive data collection exercise ever undertaken on infrastructure in Africa: the Africa Country Infrastructure Country Diagnostic (AICD). Data from this study have provided new insights on the extent of a power crisis in the region, characterized by insufficient capacity, low electricity connection rates, high costs, and poor reliabilityùand on what can be done about it. The continent faces an annual power sector financing gap of about $21 billion, with much of the existing spending channeled to maintain and operate high-cost power systems, leaving little for the huge investments needed to provide a long-term solution. Meanwhile, the power crisis is taking a heavy toll on economic growth and productivity. This book asserts that the current impediments to economic growth and development need to be tackled through policies and investment strategies that renew efforts to reform state-owned utilities, build on the lessons of private participation in infrastructure projects, retarget electrification strategies, expand regional power trade, and mobilize new funding resources. Further development of regional power trade would allow Africa to harness larger-scale and more cost-effective energy sources, reducing energy system costs by US$2 billion and carbon dioxide emissions by 70 million tons annually. But reaping the promise of regional trade depends on a handful of major exporting countries raising the large volumes of finance needed to develop generation capacity for export; it also requires a large number of importing countries to muster the requisite political will. With increased utility efficiency and regional power trade in play, power costs would fall and full cost recovery tariffs could become affordable in much of Africa. This will make utilities more creditworthy and help sustain the flow of external finance to the sector, which is essential to close the huge financing gap.

Download or read book Transport Infrastructure Investment Options for Efficiency written by International Transport Forum and published by OECD Publishing. This book was released on 2008-02-14 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines key principles that should be considered by governments in deciding how to provide and pay for surface transport infrastructure, with a view to best serving societies’ needs and employing public resources.

Download or read book Financing Infrastructure in Asia and the Pacific written by Naoyuki Yoshino and published by . This book was released on 2017-08-30 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments throughout the Asia-Pacific region recognize the catalyzing role of infrastructure investment for sustainable growth. Yet, they are faced with the problem of financing new infrastructure. This book provides the latest evidence on the impact of infrastructure investment on economic and social indicators. Presenting several country studies, the book explains how infrastructure investment can increase output, taxes, trade, and firm productivity. Based on this evidence, the book proposes innovative modes of infrastructure financing. Written by leading international experts in economic analysis of infrastructure, the book is an invaluable source for policy makers to better design infrastructure projects.

Download or read book Mastering the Risky Business of Public Private Partnerships in Infrastructure written by Manal Fouad and published by International Monetary Fund. This book was released on 2021-05-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.

Download or read book Privatization and Regulation of Transport Infrastructure written by Antonio Estache and published by World Bank Publications. This book was released on 2000-01-01 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1990s saw an increase in the liberalisation of transport policies and a strengthening of the role of private operators and investors in transport infrastructure worldwide. The search for sustained improvement in efficiency is probably secondary to the need to find additional financing, but it is improvement in services that is at the core of the new role of the government in transport. Governments must now become fair economic regulators of many of the privately operated transport services and infrastructures. This book examines the major challenges that governments are likely to face in taking on their new role in transport.

Download or read book World Development Report 1994 written by and published by World Bank Publications. This book was released on 1994 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Development Report 1994 examines the link between infrastructure and development and explores ways in which developing countries can improve both the provision and the quality of infrastructure services. In recent decades, developing countries have made substantial investments in infrastructure, achieving dramatic gains for households and producers by expanding their access to services such as safe water, sanitation, electric power, telecommunications, and transport. Even more infrastructure investment and expansion are needed in order to extend the reach of services - especially to people living in rural areas and to the poor. But as this report shows, the quantity of investment cannot be the exclusive focus of policy. Improving the quality of infrastructure service also is vital. Both quantity and quality improvements are essential to modernize and diversify production, help countries compete internationally, and accommodate rapid urbanization. The report identifies the basic cause of poor past performance as inadequate institutional incentives for improving the provision of infrastructure. To promote more efficient and responsive service delivery, incentives need to be changed through commercial management, competition, and user involvement. Several trends are helping to improve the performance of infrastructure. First, innovation in technology and in the regulatory management of markets makes more diversity possible in the supply of services. Second, an evaluation of the role of government is leading to a shift from direct government provision of services to increasing private sector provision and recent experience in many countries with public-private partnerships is highlighting new ways to increase efficiency and expand services. Third, increased concern about social and environmental sustainability has heightened public interest in infrastructure design and performance.

Download or read book Infrastructure Financing In Asia written by Bambang Susantono and published by World Scientific. This book was released on 2019-11-19 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: First, the book documents the evolution of Asia's infrastructure over the past half-century and reviews existing literature on the role of infrastructure investment in supporting growth and social development. It highlights the positive impact of mass transit investments on land and property values, and the possibility of taxing the increase in values to finance these investments. It then examines Asia's current practices and new solutions that can help meet the infrastructure gap. It discusses the role of institutions, how innovation can foster energy infrastructure investments, and the role of bond markets in infrastructure investments. The book explores ASEAN+3 efforts in developing local currency bond markets to provide long-term local financing for infrastructure investment while providing financial resilience. It also examines the use of green bonds to finance sustainable growth in Asia.

Download or read book Economic Role of Transport Infrastructure written by Claudio Ferrari and published by Elsevier. This book was released on 2018-10-23 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Role of Transport Infrastructure: Theory and Models helps evaluate the economic effects of transport infrastructure investments within a cost-benefit framework for maximum economic impact. The book analyzes the primary empirical approaches used to gauge the economic effects of transport infrastructures, providing in-depth discussions on data issues, input-output techniques, and econometric methodologies. Users will find empirical evidence organized from a transport mode point-of-view, inspiring researchers to conduct comparative analysis for various infrastructure projects. Topics cover infrastructure's impact on economic growth using theoretical frameworks, including exogenous growth models, endogenous growth models, and new economic geography models. In addition, readers will also learn tips for conducting infrastructure impact studies and how to improve the effectiveness of infrastructural investments design. - Explains and evaluates the economic effects of transport infrastructure investments, including direct and indirect, short and long run impact, and local and spillover outcomes - Provides up-to-date coverage of quantitative techniques and empirical results for transportation and economic impact issues - Explains the steps for conducting impact studies for proposed infrastructure projects - Analyzes infrastructure's role on economic growth through theoretical, methodological and empirical perspectives - Features case studies describing real-world methods

Download or read book The Oxford Handbook of Megaproject Management written by Bent Flyvbjerg and published by Oxford University Press. This book was released on 2017 with total page 625 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook provides state-of-the-art scholarship in the emerging field of megaproject management. The 25 chapters cover all aspects of megaproject management, from front-end planning to project delivery, including how to deal with stakeholders, risk, finance, complexity, innovation, governance, ethics, project breakdowns, and scale itself.

Download or read book Moving Towards Low Carbon Mobility written by Moshe Givoni and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: ÔFor a thorough and thoughtful perspective on what it will take to de-carbonize cities of the future, this book is a must-read. Technology alone, we are told, will not create the post-carbon city. As important is coming to grips with a complex web of cultural, institutional, financial, and social factors that powerfully shape mobility choices, now and in the future. A balanced, holistic approach that reveals how the many elements of contemporary transport systems work together offers the best hope for achieving more sustainable, less carbon-intensive mobility futures.Õ Ð Robert Cervero, University of California, Berkeley, US ÔThis is not just another book about transport and climate change. It sensibly places transport within the much broader concept of mobility and explores all aspects of travel behaviour, of people and goods, and the infrastructure needs to serve these, leading to a balanced set of policy proposals. This volume, compiled by an internationally eminent team of researchers, is essential reading for all those wanting a balanced and objective analysis of this critical topic.Õ Ð Roger Vickerman, University of Kent, UK ÔA unique assemblage of papers by top international experts that together cover every aspect of the transport-mobility-environment relationship Ð todayÕs central issue for transport planners worldwide.Õ Ð Sir Peter Hall, University College London (UCL), UK The transport sector has been singularly unsuccessful in becoming low carbon and less resource intensive. This book takes an innovative and holistic social, cultural and behavioural perspective, as well as covering the more conventional economic and technological dimensions, to provide a more complete understanding of the mobility and transport system and its progress towards high carbon mobility. The book uses this platform to explore the means to achieve low carbon mobility through outlining alternative pathways, through an investigation of theories of change, and through alternative visions of the low carbon transport city. The bookÕs core message is that the complexity of the mobility and transport system should not encourage inaction, but strong and immediate action. In addition to implementing a wide range of policy measures, the book argues for a fundamental change in ÔthinkingÕ when it comes to transport policy, governance and analysis approaches, before low carbon mobility becomes a reality. Bringing together the latest thinking on transport, mobility and the environment, this book will appeal to researchers and students interested in sustainability issues and sustainable transport and transport related areas in particular, including policy makers as well as a more general professional audience.

Download or read book Transport Infrastructure and Systems written by Gianluca Dell'Acqua and published by CRC Press. This book was released on 2017-03-16 with total page 1134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transport Infrastructure Asset management in transport infrastructure, financial viability of transport engineering projects/ Life cycle Cost Analysis, Life-Cycle Assessment and Sustainability Assessment of transport infrastructure/ Infrastructures financing and pricing with equity appraisal, operation optimization and energy management/ Low-Volume roads: planning, maintenance, operations, environmental and social issues/ Public-Private Partnership (PPP) experience in transport infrastructure in different countries and economic conditions/ Airport Pavement Management Systems, runway design and maintenance/ Port maintenance and development issues, technology relating to cargo handling, landside access, cruise operations/ Infrastructure Building Information Modelling (I-BIM) / Pavement design and innovative bituminous materials/ Recycling and re-use in road pavements, environmentally sustainable technologies/ Stone pavements, ancient roads and historic railways/ Cementitious stabilization of materials used in the rehabilitation of transportation infrastructure. Transport Systems Sustainable transport and the environment protection including green vehicles/ Urban transport, land use development, spatial and transport planning/ Bicycling, bike, bike-sharing systems, cycling mobility/ Human factor in transport systems/ Intelligent Mobility: emerging technologies to enable the smarter movement of people and goods/Airport landside: access roads, parking facilities, terminal facilities, aircraft apron and the azdjacent taxiway/ Transportation policy, planning and design, modelling and decision making/ Transport economics, finance and pricing issues, optimization problems, equity appraisal/ Road safety impact assessments, road safety audits, the management of road network safety and safety inspections/ Tunnels and underground structures: preventing incidents-accidents mitigating their effects for both people and goods/ Traffic flow characteristics, traffic control devices, work zone traffic control, highway capacity and quality of service/ Track-vehicle interactions in railway systems, capacity analysis of railway networks/ Risk assessment and safety in air and railway transport, reliability aspects/ Maritime transport and inland waterways transport research/ Intermodal freight transport: terminals and logistics.