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Full Description
Despite record levels of government spending, America's transportation system is plagued by traffic congestion, decaying infrastructure, and politicization of transportation funding-leading to calamities such as the 2007 collapse an interstate highway bridge over the Mississippi River and political fiascos like Alaska's infamous "Bridge to Nowhere." In The Road to Renewal, R. Richard Geddes surveys the current state of U.S. ground transportation and finds that, like the roads themselves, transportation policy is in desperate need of repair. A shift toward increased use of public-private partnerships (PPPs)-contractual agreements that allow private participation in the design, construction, operation, and delivery of transportation facilities-could significantly improve the quality of U.S. roadways.
Contents
List of Illustrations
Acknowledgments
Preface
Introduction
Chapter 1: Three Critical Transportation Policy Reforms
Chapter 2: Basic of Public-Private Partnerships
Chapter 3: Compared to What? Why Private Investor Participation is Needed
Chapter 4: Benefits of PPPs: Competition, Management, and Project Deilvery
Chapter 5: Benefits of the PPPs: Investment, Risk Transfer, and the Rationalization of Investment
Chapter 6: The Benefits of Brownfield Public-Private Partnerships
Chapter 7: The Benefits of Private Investor Participation
Chapter 8: Public-Private Partnerships in the Public Interest
Summary and Conclusion
Notes
Index
About the Author
