119 research outputs found

    Private Financing or Not, That is the Question: Lessons from the Light Rail Systems in Spain

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    The objective of this paper is to analyze if there is any difference between the light rail systems in Spain according to whether they have been carried out through public financing or private financing (totally or partially). The importance of this study lies in the fact that, for decades, the public–private partnership has been proposed as an alternative to public financing of public transport projects in order to obtain additional financial resources, reduce the public deficit, and increase efficiency. However, there are hardly any detailed studies describing how these initiatives have turned out. Therefore, the present study analyzes if there is any difference in the main variables explaining the performance of light rail projects in Spain depending on their source of funding can be found. For this, the relationship between variables related to design, operation and costs of the projects, and the percentage of private financing were statistically analyzed. As the most relevant conclusion, we underline the fact that the investment per passenger increases when financing is completely private. This would indicate that the most cost-effective lines, from a social standpoint, were financed totally or partially by the public administrations, whereas the least beneficial ones for society were assigned to private enterprises. This finding provides an advance in the knowledge of the consequences of private participation in the financing of public transport projects, indicating, moreover, that the biggest beneficiaries of this type of projects might be the construction companies and the politicians involvedThe authors would like to thank the ERDF of European Union for financial support via project ‘‘Herramienta para la evaluacio´n previa de infraestructuras de transporte pu´blico’’ (GGI3003IDIE). We also thank to Public Works Agency and Regional Ministry of Public Works and Housing of the Regional Government of Andalusia (AOPJA) and the Ministry of Education, Culture and Sports of the Government of Spain

    Strategic green infrastructure planning in Germany and the UK: a transnational evaluation of the evolution of urban greening policy and practice

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    The evolution of Green Infrastructure (GI) planning has varied dramatically between nations. Although a grounded set of principles are recognized globally, there is increasing variance in how these are implemented at a national and sub-national level. To investigate this the following paper presents an evaluation of how green infrastructure has been planned for in England and Germany illustrating how national policy structures facilitate variance in application. Adopting an evaluative framework linked to the identification of GI, its development and monitoring/ feedback the paper questions the impacts on delivery of intersecting factors including terminology, spatial distribution and functionality on effective GI investment. This process reviews how changing policy structures have influenced the framing of green infrastructure policy, and subsequent impact this has on the delivery of green infrastructure projects

    Change in the political economy of land value capture in England

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    Variations in the character, performance and impact of policies and practices to capture land value for the community are usually examined by analysing experience in different countries. Such international comparative research is cross-sectional and does not cover the evolving relations between systems of land value capture and the economies, polities and societies within which they are set. This paper examines the relations in England between the extant political economy and supporting ideologies, and the distinctive forms of land value capture that they produced. It traces the shift from a top-down, strategic approach in an era of corporatist government before 1979 to the subsequent extension and consolidation of bottom-up practice set within the context of neo-liberalism. The analysis highlights the evolution of the idea of land value capture and the policies and practices associated with it, especially the contestation that informed such changes

    Canadian housing policy research -- some initial impressions

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    An essay on "the state of the art" of policy-related housing research in Canada. Major areas covered include household formation, residential mobility, affordability, housing quality, and rent control. The author was a member of the housing policy review team which advised the British Government in 1976-77, and his essay is written from the perspective thus gained. This paper is a companion piece to S.E. Corke's bibliography (Bibliographic Series No. 13, A Selected, Annotated Bibliography of Canadian Housing Research, 1970-79).Canada Mortgage and Housing Corporatio
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