Financing European Transport Infrastructure
Policies and Practice in Western Europe
By Sheila Farrell
'...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.
Urban Public Transport
Funding Mechanisms for the Future
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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