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
- ^ COMPETITIVE TENDERING IN URBAN TRANSPORT: 1995: Wendell Cox Consultancy
- ^ Wendell Cox on Amtrak on National Review Online
- ^ 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