THE INFLUENCE OF THE PRIVATE SECTOR ON THE FINANCING OF THE TRANSPORT INFRASTRUCTURE: AN HISTORICAL OVERVIEW, THE PRACTICE OF TODAY AND SOME LESSONS
Peter Nijkamp, Sytze A. Rienstra
Abstract
Peter Nijkamp, Sytze A. Rienstra
Abstract
The question is raised if it is necessary for the central government to finance the infrastructure for traffic. In the nineteenth century the private sector has a much bigger influence in financing, and in other European countries experience has been gained with constructions of private financing; so the influence of the central government can be discussed. Arguments for the pros and cons of public financing are evaluated, and examples are given for different transport modes. It is concluded that there are many possibilities for more private influence in the financing of the infrastructure. For the covering abstract of the conference see IRRD 884059.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
The question is raised if it is necessary for the central government to finance the infrastructure for traffic. In the nineteenth century the private sector has a much bigger influence in financing, and in other European countries experience has been gained with constructions of private financing; so the influence of the central government can be discussed. Arguments for the pros and cons of public financing are evaluated, and examples are given for different transport modes. It is concluded that there are many possibilities for more private influence in the financing of the infrastructure. For the covering abstract of the conference see IRRD 884059.
Key concepts: Finance, Transport infrastructure, Private sector, Government (linguistics), Private finance initiative, Business, Economics, Economic growth