Competition, Regulation and the Privatisation of British Rail

Competition, Regulation and the Privatisation of British Rail PDF

Author: John Shaw

Publisher: Routledge

Published: 2019-05-24

Total Pages: 212

ISBN-13: 1351732501

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This title was first published in 2000. This work looks at the privatization of British Rail. It covers the competition for franchises and the regulation of those franchises. The study evaluates the extent to which the promotion of competition was an appropriate policy goal in the privatization of British rail. The book examines the rail system as a whole and looks at the prospects for the future.

The Privatisation of British Rail

The Privatisation of British Rail PDF

Author: Sean McCartney

Publisher: Taylor & Francis

Published: 2023-05-23

Total Pages: 210

ISBN-13: 1000880966

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The privatisation of the British railway industry was a unique political and economic event. An integrated industry was broken-up into numerous component parts and sold off to private sector interests. The result was a highly fragmented industry that was structurally unsound and operationally dysfunctional. This authoritative volume presents an enlightening portrait of an industry that is less efficient, more costly and still more dependent on state subsidy today than its nationalised predecessor. The nine chapters in this work present a comprehensive and rigorous evaluation of how and why the industry has become so dysfunctional and costly, supported by detailed financial analysis and industry examples. Seven chapters comprise a series of peer-reviewed academic papers by Professor McCartney and Dr Stittle and published in leading international journals over the period 2004–2017 which analyse selected key segments of the privatised industry: where appropriate, updates are provided at the end of these chapters outlining developments since initial publication relevant to the analysis therein. Two chapters are published here for the first time: Chapter 7 reviews the performance of the freight sector, while Chapter 1 ‘bookends’ the volume by providing first, an account of how rail privatisation was conceived and implemented in the 1980s/90s, and then reviews the impact of the pandemic and the proposals of the Williams-Shapps White Paper of 2021 which, if enacted, will effectively end the Major government’s experiment. Going far beyond the usual superficial analysis of the topic, this volume will be of significant interest to researchers and advanced students of accounting, economics, business history, transport studies, as well as industry and specialised business interests in transport and privatisation.

British Rail 1974-1997

British Rail 1974-1997 PDF

Author: Terence Richard Gourvish

Publisher: Oxford University Press

Published: 2004-01-29

Total Pages: 770

ISBN-13: 9780199269099

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Based on privileged access to the British Railway Board's rich archives, this book provides and authoritative account of the progress made by the British Railway System prior to its privatization. It offers a unique account of the last fifteen years of nationalized railways in Britain, and it sheds light on the current problems of privatized railway systems. This volume is divided into four complete and concise sections for complete study: 'Railways Under Labour (1974-1979)', 'The Thatcher Revolution (British Rail in the 1980's)', 'On The Threshold of Privatization: Running the Railways (1990-1994)', and 'Responding to Privatization (1981-1997)'. Author Terry Gourvish is considered Britain's leading railway historian.

Reforming Infrastructure

Reforming Infrastructure PDF

Author: Ioannis Nicolaos Kessides

Publisher: World Bank Publications

Published: 2004

Total Pages: 328

ISBN-13:

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Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.

Integrated Transport Policy

Integrated Transport Policy PDF

Author: John Preston

Publisher: Routledge

Published: 2018-01-18

Total Pages: 246

ISBN-13: 1351734407

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This title was first published in 2000. With an emphasis on land-based passenger transport - particularly rail and road - this collection assesses the implications for regulation and competition of integrated transport policies. Contributions to the volume trace the evolution of transport policy, focus on the pricing of infrastructure, examine the effectiveness of competition and the adequacy of the regulatory framework in the United Kingdom.

Derailed

Derailed PDF

Author: Tom Haines-Doran

Publisher: Manchester University Press

Published: 2022-10-18

Total Pages: 186

ISBN-13: 1526164043

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Why don't trains run on time? Why are fares so expensive? Why are there so many strikes? Few would disagree that Britain's railways are broken, and have been for a long time. This insightful new book calls for a radical rethink of how we view the railways, and explains the problems we face and how to fix them. Haines-Doran argues that the railways should be seen as a social good and an indispensable feature of the national economy. With passengers and railway workers holding governments to account, we could then move past the incessant debates on whether our railways are an unavoidably loss-making business failure. An alternative vision is both possible and affordable, enabling the railways to play an instrumental role in decreasing social inequalities, strengthening the economy and supporting a transition to a sustainable future. This book is relevant to United Nations Sustainable Development Goal 9, Industry, innovation and infrastructure

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