The Road to Renewal
Private Investment in the U.S. Transportation Infastructure
- 230 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About This Book
Despite record levels of government spending, America's transportation system is plagued by traffic congestion, decaying infrastructure, and politicization of transportation funding-leading to calamities such as the 2007 collapse an interstate highway bridge over the Mississippi River and political fiascos like Alaska's infamous "Bridge to Nowhere." In The Road to Renewal, R. Richard Geddes surveys the current state of U.S. ground transportation and finds that, like the roads themselves, transportation policy is in desperate need of repair. A shift toward increased use of public-private partnerships (PPPs)-contractual agreements that allow private participation in the design, construction, operation, and delivery of transportation facilities-could significantly improve the quality of U.S. roadways.
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Table of contents
- List of Illustrations
- Acknowledgments
- Preface
- Introduction
- 1 Three Critical Transportation Policy Reforms
- 2 Basics of Public-Private Partnerships
- 3 Compared to What? Why Private Investor Participation Is Needed
- 4 Benefits of PPPs: Competition, Management, and Project Delivery
- 5 Benefits of PPPs: Investment, Risk Transfer, and the Rationalization of Investment
- 6 The Benefits of Brownfield Public-Private Partnerships
- 7 The Benefits of Private Investor Participation Demonstrated
- 8 Public-Private Partnerships in the Public Interest
- Summary and Conclusions
- Notes
- About the Author