Transit privatization refers to efforts to privatize buses and commuter railways. There is evidence that such systems are more efficient than government-operated transit systems. The efficiency increases even further when operations are separated from policy.

Privatization can involve ownership of a transit system by private entities, or it can involve contracting publicly owned railways out to concessionaires. The latter is used by Buenos Aires, Argentina; Montevideo, Uruguay; and Porto Alegre, Curitiba and Sao Paulo, Brazil.

References

  1. ^ COMPETITIVE TENDERING IN URBAN TRANSPORT: 1995: Wendell Cox Consultancy
  2. ^ Wendell Cox on Amtrak on National Review Online
  3. ^ Tris Online: Models Of Government Regulation Of Privatized Transit Systems In Five Latin American Cities

See also

  • Privatisation of British Rail
  • Rail privatisation in New Zealand

Retrieved from “http://en.wikipedia.org/wiki/Transit_privatization
Categories: Public transport | Public economics