Georgia's railway network is a key segment of the TRACECA, the shortest route from the Caspian Sea and Central Asia to the Black Sea and the Mediterranean Basin. Georgian Railway Corridor has a number of advantages over pipeline, alternative railways and auto transport. Changing the quality of...

China’s Belt and Road Initiative was introduced in 2013 to revitalise the Silk Road and promote economic development and integration. This paper investigates the economic effects of the opening of the only high-speed rail (HSR) line in northwest China which connects China’s northwestern...

Ireland developed one of the world's most intensive railroad networks in the second half of the 19th century. However, the emergence of railroads occurred in tandem with a failure to industrialize and mass depopulation suggesting limited, if any, impact on the island's economy. This paper...

The role of network in transportation systems has gained significant and increasing relevance in the literature especially focusing on vulnerability and resilience.The structure of a transport system can positively or negatively influence the geographical areas it serves. A disruption of the...

Competitive passenger rail can help workers access new or better jobs. This paper studies the wider economic impacts on local unemployment of the liberalized passenger rail between Ostrava, the third-biggest city in the Czech Republic, and Prague, its capital. The local impacts are estimated at...

This lecture, delivered at the Higher School of Economics in 2020, opens with a discussion of the modern history of economists' treatment of network industries: from cost-of-service regulation through incentive regulation to vertical restructuring. This history is then applied to the freight...

Last year's Budget presented by the Chancellor of the Exchequer, Gordon Brown, on March 17, 1998, proposed radical changes to the way the capital gains of individuals and trusts are to be taxed in the United Kingdom. These changes--and in particular the abolition of indexation for assets...

The politicisation of the transport sector has stifled the market processes that reallocate infrastructure to higher value uses. As a consequence, government transport spending is misallocated on a grand scale. This is particularly apparent on the rail network, where high levels of taxpayer...

This paper studies the role played by politics in shaping the Italian railway network, and its impact on long-run growth patterns. Examining a large state-planned railway expansion that took place during the second half of the 19th century in a recently unified country, we first study how both...

Widely different approaches to rail reform are evident across countries and within Australia. Reforms have involved structural separation (both vertical and horizontal) and varying degrees of private sector involvement. Evidence from Australian experience suggests that no one size fits all. The...

The renationalisation of rail infrastructure has not been a success. Network Rail has been plagued by crisis after crisis, with major projects hit by delays, mismanagement and large cost overruns. Its problems echo those suffered by the inefficient nationalised industries of the post-war period....

The role of rail in Sub-Saharan Africa (SSA) changed considerably in the latter years of the twentieth century. Although some upgrading has occurred, most SSA networks outside South Africa are still operating to the standards to which they were originally constructed. To encourage the...

Indian Railways is a little over a century and a half old. Its development over the decades has been gradual. It has been and continues to be the “lifeline for the socioeconomic growth of India,” by connecting human settlements across the country and simultaneously transporting various...

Genocide studies considers the accountability various of perpetrators, as well as the needs mass atrocity creates. The inclusion of market actors, however, remains marginalized. This article considers factors perpetuating this marginalization and its costs, arguing for greater inclusion of...

Purpose: This paper intends to provide a comparative analysis of the Czech, the Hungarian, the Polish and the Slovak railway development strategies in light of the evolution of transport needs, travel habits, freight volumes, and regional business relations. By offering a general SWOT analysis...

The Interstate Commerce Commission (ICC) is a classic example of regulation, and the origins and operation of this agency have been much analyzed. These have been variously described as examples of public interest regulation, capture regulation, and what I have called predatory regulation. By...

Over the past decade, China has built 25,000 km of dedicated highspeed railway-more than the rest of the world combined. What can we learn from this remarkable experience? China's High-Speed Rail Development examines the Chinese experience to draw lessons for countries considering investing in...

This summary report assembles and distills the main finding and recommendations of five separate policy notes that originated in a request from Ukraine's Ministry of Infrastructure (MoI) and state-owned railway company, JSC Ukrzaliznytsia (UZ) to the World Bank to help address specific topics...

Section 11 of the Indian Arbitration Act, 1996 has without fail been the most contentious section in the statue. Over the years, the section has been dramatically transformed from what it stood for before. The article attempts to trace the evolution and progress of Section 11 over the years,...

The privatizations of Japanese National Railways (JNR) and Japan Post (JP) have been one of the biggest reforms for state-owned enterprises (SOEs). Since the beginning of the privatization processes in 1987 for JNR and 2007 for JP respectively, the outcomes of these reforms have been reflected...

The situation of long-distance in Europe rail has faced different developments at literally different speeds since the fall of the Iron Curtain. Relevant central European parts of the OEM Corridor (e. g. Germany, the Czech Republic, Austria and Hungary) first suffered a considerable decline in...

The Orient/East-Med Corridor, connecting central and southeastern Europe, provides important business potential for European rail freight. However, freight transport by rail faces a number of challenges in terms of quality, cost competitiveness, service features and political/societal acceptance...

Railways transportation is still taken as an account of economic growth without considering the cost of environmental damages. Therefore, it is an urgent need at the national and global level to take into account the sustainability of environment by key sector. So this analysis has contributed...

Indian Railways is a little over a century and a half old. Its development over the decades has been gradual. It has been and continues to be the "lifeline for the socioeconomic growth of India," by connecting human settlements across the country and simultaneously transporting various resources...

The paper provides information for railway systems based on 30 years' experience of Japanese railway privatization. First, we introduce the background, framework, and result of the Japanese National Railway reform, especially from the perspective of the former president of the JR Kyushu Railway...