Local bus services in Britain (excluding London) were deregulated in October 1986. Bus vehicle kilometres increased after deregulation, but passenger journeys fell and bus fares increased in real terms. The inability to reverse the long-run decline in passenger journeys and the increase in bus...

This paper reviews Michael Beesley's commitment to economic liberalisation, and how that is being applied in transitional and developing countries, with a particular, though not exclusive, focus on buses. Critical issues, such as operator behaviour and efficiency, modal co-ordination, and...