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Posts Tagged ‘Clifford Winston’

How the Private Sector Can Improve Public Transportation Infrastructure

Monday, August 4th, 2014

RESERVE BANK OF AUSTRALIA
Transportation infrastructure significantly contributes to a nation’s prosperity by facilitating workers’ access to employers, consumers’ access to shopping and leisure activities, and firms’ access to capital, labour and potential customers. The public sector has generally provided the vast amount of a nation’s infrastructure – roadways, waterways, railways and airways – and expanded it to satisfy users’ growing demand for transportation. But as demand has increased and ageing infrastructure facilities have required ever-greater funds for maintenance and new construction, capacity has become increasingly strained and travellers and shippers have experienced more congestion and delays. Policymakers have tried to find new sources of money to finance projects to expand capacity; but congestion and delays have persisted.

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Posted in Aging Infrastructure, Global, Infra Views, Private Investment

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On the Performance of the U.S. Transportation System: Caution Ahead

Thursday, October 3rd, 2013
Caution Ahead

BROOKINGS INSTITUTION by Clifford Winston Introduction Transportation is a friction—a cost in both money and time—that must be incurred by individuals and firms to complete almost any market transaction. An efficient and extensive transportation system greatly enriches the standard of living in modern society by reducing the cost of nearly everything in the economy; expanding […]

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Posted in Accountability, Economic Stimulus, Infra Views, National, Policy, Tax, Transit

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