Investment, Pricing, Taxation
Strategic Infrastructure Planning: International Best Practice
Case-Specific Policy Analysis, Policy Insights,
23 March 2017
- Systemic risks can be reduced where projects form part of a broad and long-term strategic plan.
- Strategic infrastructure planning carries its own risks, including technology's influence on demand- and supply-side considerations.
- When it works well, strategic planning can set out a stable set of priorities for future investment with durable cross-party support.
- A successful infrastructure planning process balances a stable framework with maintaining flexibility.
- The planning process requires clear objectives, a degree of independence and an open, collaborative approach.
- The planning methodology needs to address risks and uncertainties, take into account binding policy constraints and include considerations of pricing the use of infrastructure.
- A top-down approach to infrastructure planning to complement traditional project by project assessment is essential to a strategic assessment of long-term economic infrastructure needs across sectors.
- Infrastructure planning across sectors can help identify the most important systemic risks early.
- Using analytical methods such as a scenario-based approach to analysis can be helpful in future-proofing infrastructure plans.
- It is important to consider how demand for scarce infrastructure can be managed. Debt management need to be part of any strategic investment plan.
- A top-down approach could foster the development of an analytical framework for investment decisions reflecting both demand and supply side considerations.
Transportation Satellite Account: The Canadian Experience
Presentation, slides, speech,
13 March 2017
Database on Investment in Infrastructure in Latin America and the Caribbean
Presentation, slides, speech,
13 March 2017
Ex-Post Assessment of Transport Investments and Policy Interventions
Roundtable Report, Policy Insights,
27 February 2017
- Data collection for evaluation needs to be planned for from the outset.
- Audit transport projects throughout the project stages
- Use independent organisations to carry out audits of transport projects.
- Recognise the variety of economic goals targeted by transport investments.
- Involve local partners in providing evidence on performance.
Public Private Partnerships for Transport Infrastructure: Renegotiation and Economic Outcomes
Roundtable Report, Policy Insights,
23 February 2017
- Use renegotiation of PPPs only in exceptional cases.
- Use an independent jury to assess whether the outcome of a PPP is what parties might have been expected to negotiate had they foreseen a change that has occurred.
- Consider to task an independent body with determining when renegotiation of a PPP is legitimate.
- Include reputation and demonstrated competence in selection criteria for a PPP.
- Compare advantages and weaknesses of PPPs versus other forms of private capital.
Quantifying the Socio-economic Benefits of Transport
Roundtable Report, Policy Insights,
20 January 2017
- Cost-benefit analysis (CBA) guidelines can be expanded to include reliability and some wider impacts.
- Further research into reliability benefits is needed to improve confidence in results.
- Wider economic impacts should be examined in cases where they are expected to be significant.
- Further research into the impacts and tools for capturing wider impacts is needed.
- Cost-benefit analysis (CBA) can play an important role in decision making, but need not dominate.
National Issues in the USA in Economic Development, Mobility, and Income Inequality
Discussion Paper,
13 October 2016
Balancing Financial Sustainability and Affordability in Public Transport
Discussion Paper,
13 October 2016
The Possible Role of RIA in Swedish Transport Planning
Presentation, slides, speech,
26 September 2016
Assessing Consumer Welfare Impacts of Aviation Policy Measures
Presentation, slides, speech,
26 September 2016
Competitive Tendering in Local and Regional Public Transport in the Netherlands
Discussion Paper,
17 September 2016
Airport Demand Forecasting for Long-Term Planning
Roundtable Report, Policy Insights,
6 July 2016
- Use quantitative methods to analyse the key drivers of airport demand.
- Use expert guidance to help interpret the quantitative results.
- Quality-assure the analysis and counter the risks of optimism bias.
- Reflect the risks and uncertainties that arise in even the best forecasts.
- Make better use of demand forecasts in airport infrastructure planning.
Balancing Financial Sustainability and Affordability in Public Transport: The Case of Bogota, Colombia
Presentation, slides, speech,
4 April 2016
National Issues in the USA in Economic Development, Mobility and Income Inequality
Presentation, slides, speech,
3 April 2016
Quantifying the Socio-economic Benefits of Transport: Roundtable Summary and Conclusions
Discussion Paper,
31 March 2016
Private Sector Participation in Infrastructure: Can the Price of Risk Transfer be Efficient?
Discussion Paper,
26 February 2016
Integrated Transport Development Experiences of Global City Clusters - Urban and Suburban Transport in Mexico City
Presentation, slides, speech,
2 July 2015