Summit and Events
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.
Déclaration des Ministres sur le Financement des transports. Sommet annuel 2013
Summit Declaration,
22 May 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
OECD Countries Spend 1% of GDP on Road and Rail Infrastructure on Average
Statistics Brief,
31 May 2012
Major Transport Infrastructure Projects and Regional Eonomic Developments - Assessment and Implementation
Presentation, slides, speech,
1 December 2011
Moving Freight with Better Trucks
Research Report, Policy Insights,
18 April 2011
- The freight transport task is growing rapidly in most regions and requires effective utilisation of all modes of transport.
- The safety and environmental impacts of road haulage require regulatory intervention for optimal outcomes.
- Compliance can be improved greatly through legislation that assigns responsibility.
- Compliance regimes can be enhanced by exploiting technological innovations.
- A performance based approach to regulation offers the potential to meet community objectives for road freight transport more fully.
- Many higher capacity vehicles have equivalent or even better intrinsic safety characteristics in some respects than most common workhorse trucks.
- Truck crash energies mean safety regulation must pay particular attention to managing truck speeds and driver alertness and impairment.
- Higher capacity vehicles have potential to improve fuel efficiency and reduce emissions.
- Higher capacity vehicles can result in fewer vehicle-kilometres travelled.
- The lower unit costs offered by higher productivity trucks could result in increased overall demand for road freight transport and a transfer of freight from other modes.
- Road pricing systems can be developed to manage use of the transport network more efficiently.
- Road infrastructure and trucks need to be developed in concert.
- Significant opportunities for improvement of the regulation of heavy trucks have been identified.
The Practice of Cost-Benefit Analysis in the Transport Sector. Mexico Perspective
Presentation, slides, speech,
20 October 2010
The Practice of Project Appraisal in France and the Role of CBA in Decision Making
Presentation, slides, speech,
20 October 2010
Incentives for CO2 Emissions Reductions in Motor Vehicle Taxes
Presentation, slides, speech,
2 September 2009
Impact of Hinterland Access Conditions on Rivalry Between Ports
Presentation, slides, speech,
31 March 2008
Recent Evolution of Research into the Wider Economic Benefits of Transport Infrastructure Investments
Presentation, slides, speech,
24 October 2007
Transport Infrastructure Inside and Across Urban Regions: Models and Assessment Methods
Presentation, slides, speech,
30 September 2007