All Transport
Cities as Labor Markets: Relevance to China City Cluster Development
Presentation, slides, speech,
1 July 2015
Public Private Partnerships for Transport Infrastructure: Renegotiations, how to approach them and economic outcomes Roundtable
ITF Roundtable,
27 - 28 October 2014
Institutional and Political Determinants of Private Participation in Infrastructure
Presentation, slides, speech,
27 October 2014
Renegotiation of Transportation Public-Private Partnerships: The U.S. Experience
Presentation, slides, speech,
27 October 2014
Soft Budgets, Renegotiations and Public-Private Partnerships
Presentation, slides, speech,
27 October 2014
Renegotiations: How to Approach them and Economic Outcomes
Presentation, slides, speech,
27 October 2014
Causal Inference for Ex-Post Evaluation of Transport Interventions
Presentation, slides, speech,
14 September 2014
Permanent Observatories as Tools for Ex-Post Assessment: the French case study
Presentation, slides, speech,
14 September 2014
The National Audit Office’s Value for Money Assessment of Transport Investments
Presentation, slides, speech,
14 September 2014
Prospettive Dei Trasporti Del Fit (Forum Internazionale Dei Trasporti) 2015
Transport Outlook Summary,
1 January 2014
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.
The Practice of Project Appraisal in France and the Role of CBA in Decision Making
Presentation, slides, speech,
20 October 2010
Recent Evolution of Research into the Wider Economic Benefits of Transport Infrastructure Investments
Presentation, slides, speech,
24 October 2007
Wider Economic Benefits of Investments in Transportation Infrastructure
Presentation, slides, speech,
30 September 2007