In response to the severe global economic downturn many nations chose to enact greater investments in public transport. Both the size and nature of these investments varied from country to country and had varying results. The rationales for these investments also varied, depending on how each country developed its investment program and the rationales for these strategies. Meanwhile, some countries such as the United States have ended these investment increases or even reduced their overall public transport investments levels in response to their growing debt and stagnating economic recovery. Other countries have continued higher levels of public transport expenditures despite budgetary cuts in other programs. Meanwhile, even within the United States, the levels of public transport investment vary by state and locality, because subsidiary government levels now comprise half or more of total capital investment. This paper will provide an international comparison of trends in political support for urban transport infrastructure investment, particularly since the onset of the global economic recession. The rationales for these investments will also be examined, particularly with respect to the mix by mode. In addition, the paper will track how in the United States these trends differ by state and locality, reflecting a pattern of regional variance in Europe. The primary difference in the United States is that substantial increases in public transport expenditures have been enabled through successful ballot initiatives independent of federal policy changes. Finally, an analysis of the goals and success metrics of these policies will be provided, with implications for future policy directions.


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    Titel :

    Comparison of Investment Trends and Economic Development Potential by Public Transport Mode


    Beteiligte:
    Henke, Cliff (Autor:in)

    Kongress:

    Third International Conference on Urban Public Transportation Systems ; 2013 ; Paris, France



    Erscheinungsdatum :

    2013-10-09




    Medientyp :

    Aufsatz (Konferenz)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch





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