All Transport
PGE ‐ Issues on Project Structure, Financing and Risk Allocation ‐ The Chile Case
Presentation, slides, speech,
7 November 2013
Puerto de Gran Escala. The Case for a New Container Terminal in Central Chile
Presentation, slides, speech,
7 November 2013
Better Regulation of Public-Private Partnerships for Transport Infrastructure
Roundtable Report, Policy Insights,
24 September 2013
- A mix of financing models spreads risks.
- A dedicated budget for PPPs, set in relation to the rate at which future liabilities will be accumulated, can provide such a limit.
- Explicit consideration of alternative financing arrangements should be employed in determining whether to proceed with PPP projects.
- It is recommended that governments require PPP projects to pass tests of affordability and to clear the hurdle rates of return generally applied to publicly financed transport projects.
- The expected cost of PPP projects should take account of cost inflation resulting from the propensity for projects to be renegotiated.
- At the individual project level, risks should be assigned to the party best able to manage them, along with rights to make related decisions.
- Assigning demand risk is not straightforward and risk sharing arrangements are therefore common.
- Continuity of resources and expertise is essential for addressing strategic behaviour and optimism bias more generally.
- Regulatory agencies are well placed to ensure transparency and accountability by publishing reports on the criteria employed to make decisions and publishing contracts.
Valuing Convenience in Public Transport in the Korean Context
Presentation, slides, speech,
12 September 2013
Evolution of Metropolitan Airports in Japan -Airport Development in Tokyo and Osaka
Presentation, slides, speech,
21 February 2013
Expanding Airport Capacity under Constraints in Large Urban Areas: The German Experience
Presentation, slides, speech,
21 February 2013
Airport Capacity Expansion Strategies in the Era of Airline Multihub Networks
Presentation, slides, speech,
21 February 2013
Sharing Road Safety: Developing an International Framework for Crash Modification Functions
Research Report, Policy Insights,
1 December 2012
- Road safety policies should undergo performance and efficiency evaluations. Such evaluations cannot be undertaken without Crash Modification Functions (CMFs). Evaluation processes should be documented to ensure they are transparent.
- Research conducted to develop CMFs should follow the guidance provided in this report and, in particular, provide specific information that describes the countermeasure under consideration, the safety issue being addressed and the roadway environment in which it was tested.
- It is recommended that an international group be composed under an existing organization (e.g. Transportation Research Board, World Road Association, etc.) to foster dialog among researchers and practitioners on CMF research and reporting standards with the aim of increasing transferability of results. Coordination of research across countries on top priority countermeasures should be considered.
- International cooperation should aim to capture documentation and reporting of CMF research in a widely available transnational database.
- A concerted effort should be made to publicize the benefits of decision-making based on CMFs. This should take the form of: presentations and workshops at transport, injury prevention and health conferences; press releases; letters to political leaders and senior bureaucrats.
Sharing Road Safety: Developing an International Framework for Crash Modification Functions
Policy Insights, Policy Brief,
31 May 2012
- Road safety policies should undergo performance and efficiency evaluation. Such evaluations cannot be undertaken without Crash Modification Functions (CMFs). Evaluation processes should be documented to ensure they are transparent.
- Research conducted to develop CMFs should follow the guidance provided in this report and, in particular, provide specific information that describes the countermeasure under consideration, the safety issue being addressed and the roadway environment in which it was tested.
- It is recommended that an international group be composed under an existing organization (e.g. Transportation Research Board, World Road Association, etc.) to foster dialog among researchers and practitioners on CMF research and reporting standards with the aim of increasing transferability of results. Coordination of research across countries on top priority countermeasures should be considered.
- International co-operation should aim to capture documentation and reporting of CMF research in a widely available transnational database.
- A concerted effort should be made to publicise the benefits of decision-making based on CMFs. This should take the form of presentations and workshops at transport, injury prevention and health conferences; press releases; letters to political leaders and senior bureaucrats.
New Drivers in Mobility; What Moves the Dutch in 2012 and Beyond?
Presentation, slides, speech,
1 January 2012