Railway Reform
Subtitle: Regulations of Freight Transport Markets
Publisher: Organization for Economic; Org. for Economic Cooperation & Development
Published: February 2000
Language: eng
Format: Paperback
Number of pages: 144
ISBN-13: 9789282112724
Subjects: Trains & railways: general interest; Railroads - General; Transportation
Description: This report examines the form regulation should take in rail freight markets to promote efficiency in railways and the wider economy. It analyses issues of monopoly, scale economies, competition, mergers, ownership and the structure of the rail industry. Experience in North America, Australia, Japan, the European Union and countries from eastern and western Europe is reviewed. The need for regulation differs by market and, together with political constraints, this means that regulatory models can not be transferred wholesale from one continent to another. However, each region provides important lessons for reforms currently under consideration in all ECMT and OECD countries.