All Transport
Integrated Transport Development Experiences of Global City Clusters - Urban and Suburban Transport in Mexico City
Presentation, slides, speech,
2 July 2015
Urban Development, Transport Investments and Connectivity in the Ile-de-France Region
Presentation, slides, speech,
2 July 2015
Integrated Transport Development in China’s Emerging Urban Agglomerations
Presentation, slides, speech,
1 July 2015
Urban Planning and Transport Infrastructure Provision in the Randstad, Netherlands – a Global City Cluster
Presentation, slides, speech,
1 July 2015
Cities as Labor Markets: Relevance to China City Cluster Development
Presentation, slides, speech,
1 July 2015
Measuring Public Investment in Transport Infrastructure and Logistics Indicators for Efficient Investment
Presentation, slides, speech,
9 March 2015
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.