Transport infrastructure and systems for a new Europe : report of the 95. Round Table on Transport Economics, held in Paris on 18th - 19th March 1993

Many countries are launching privatization programs with a view to reducing the operating deficits of the railways, notably by making them more competitive. However, at a time of high-speed trains, traffic congestion, and concern over the environment, not everyone agrees on the merits of privatization. This Round Table clarifies the issues, analyzes a number of examples, and identifies the potential obstacles to privatization. It shows the difficulties inherent in such projects, and the scope for implementing them.