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- W601482813 abstract "Many European railway companies enjoy increasing freedom in areas such as the setting of tariffs, labour, the use of private capital to aid investment programmes and the setting of service levels. In fact, deregulation has come to be seen by many as a panacea for greater efficiency. However, generic prescription of essential regulatory and structural reforms may not be appropriate given that key regulatory drivers for commercial and operational performance improvement vary from railway to railway. In an era when rail companies are increasingly relying upon private capital to fund large projects it is important that financial houses are sure reforms are being effected in areas that provide scope for sustainable performance improvement. Based on their work with several European railway organisations and financial institutions, the authors develop case studies probing these issues, and develop a methodology for identifying key drivers in the reform process to allow individual railways to significantly improve performance. The lessons draw on published data, company reports, data gathered by the authors during their work, and interviews with key players in each country. The finding of such research will assist governments, railway management, international lenders and consultants to make recommendations relating to regulatory/structural reform that will allow railways to commercially prosper, and realise their broader social and strategic objectives. For the covering abstract see IRRD E104573." @default.
- W601482813 created "2016-06-24" @default.
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- W601482813 date "1999-09-01" @default.
- W601482813 modified "2023-09-26" @default.
- W601482813 title "TO WHAT EXTENT CAN REGULATORY AND STRUCTURAL REFORM IMPROVE PERFORMANCE FOR EAST AND CENTRAL EUROPEAN RAILWAYS" @default.
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