Transportation Policy: Precedent-Breaking Choices over Five Decades.
Transportation Journal 2011, Wntr, 50, 1
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Abstract Dramatic changes in transport policy have occured since publication of the inaugural issue of Transportational Journal. Paramount among these changes is economic deregulation. It brought to a vestige the once-comprehensive structure of control over business behavior in transport markets that had endured since its 19th-century starting point. As economic regulation receded, environmental, safety, and security regulation of transport burgeoned, driven more strongly by political than by economic calculations. Determination of whether its benefits exceed its costs will require a long-term horizon rather than a short-run one. Emerging political currents portend contraction of both publicly funded transport sen, ices, and infrastructure quality and capacity. Looking ahead, crafting and implementation of means for adequate funding--and for economically rational safety, security, and environmental standards--stand as prime transport policy challenges between the Golden and Diamond Anniversaries of the Transportation Journal.
- Category: Business & Personal Finance
- Published: Jan 01, 2011
- Publisher: American Society of Transportation and Logistics, Inc.
- Seller: The Gale Group, Inc.
- Print Length: 18 Pages
- Language: English