The Road to Renewal

The Road to Renewal

Author: R. Richard Geddes

Publisher: Government Institutes

Published: 2011

Total Pages: 205

ISBN-13: 0844743461

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"In The Road to Renewal: Private Investment in U.S. Transportation Infrastructure, R. Richard Geddes surveys the current state of the American transportation system and finds that, like the roads themselves, the existing policy approach is in desperate need of repair. Drawing on the basic economic principles behind supply, demand, competition, and incentives, Geddes argues that a shift toward increased use of public-private partnerships (PPPs)--contractual agreements between public agencies and private parties that allow private participation in the design, construction, operation, and delivery of transportation facilities--could significantly improve the quality of America's transportation infrastructure. By learning to see themselves as customers and investors--rather than mere users--of roads and highways, Americans should expect to receive a reasonable return on their investment: thorough, effective maintenance of America's transportation infrastructure. The Road to Renewal shows how incorporating increased private participation can halt the deterioration of America's transportation system and become the foundation for a safer, more efficient transportation future."--P. [4] of cover.


Rethinking America's Highways

Rethinking America's Highways

Author: Robert W. Poole

Publisher: University of Chicago Press

Published: 2018-08-03

Total Pages: 376

ISBN-13: 022655760X

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A transportation expert makes a provocative case for changing the nation’s approach to highways, offering “bold, innovative thinking on infrastructure” (Rick Geddes, Cornell University). Americans spend hours every day sitting in traffic. And the roads they idle on are often rough and potholed, with exits, tunnels, guardrails, and bridges in terrible disrepair. According to transportation expert Robert Poole, this congestion and deterioration are outcomes of the way America manages its highways. Our twentieth-century model overly politicizes highway investment decisions, short-changing maintenance and often investing in projects whose costs exceed their benefits. In Rethinking America’s Highways, Poole examines how our current model of state-owned highways came about and why it is failing to satisfy its customers. He argues for a new model that treats highways themselves as public utilities—like electricity, telephones, and water supply. If highways were provided commercially, Poole argues, people would pay for highways based on how much they used, and the companies would issue revenue bonds to invest in facilities people were willing to pay for. Arguing for highway investments to be motivated by economic rather than political factors, this book makes a carefully-reasoned and well-documented case for a new approach to highways.


Toll Road Traffic and Revenue Forecasts

Toll Road Traffic and Revenue Forecasts

Author: Robert Bain

Publisher: Lulu.com

Published: 2009

Total Pages: 126

ISBN-13: 0956152716

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Toll roads, bridges and tunnels represent the most popular class of infrastructure attracting international private finance today. Many deals, however, expose financiers, insurers and other project counterparties to demand risk. This moves traffic and revenue forecasts centre-stage in terms of being able to understand and test the investment proposition - yet the forecasting process itself often remains a mystery. Additionally, there are frequent concerns about predictive reliability. Written specifically for credit analysts, investors and other professionals whose primary expertise lies outside transportation, this book lifts the lid on the 'black box' of traffic and revenue forecasting. The author, Robert Bain (ex-S&P and a civil engineer with 20+ years of forecasting experience) has prepared a straightforward guide which highlights key issues to watch for and suggests ways in which the forecasts can be analysed to improve transparency and investor understanding.


Road Funds and Road Maintenance

Road Funds and Road Maintenance

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2003

Total Pages: 119

ISBN-13: 9715614892

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Singling out roads as an important factor in economic development, this report presents the findings of a regional technical assistance inquiry carried out to examine the problem of road funding in Asia with the aim of proposing case-specific solutions. Particular attention is paid to the data collected during road assessments performed in the Kyrgyz Republic, Pakistan, Uzbekistan, and Vietnam. Also discussed are a number of possible strategies for combating road-maintenance neglect across Asia.