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This Command Paper sets out the Government's vision and policies for the railways. Applying to England and Wales, the Government seeks to work with the rail industry and others to secure significant reductions in the railway's cost base, while at the same time improving the railway for passengers and freight customers. The Government sees railway reform as delivering four objectives: (1) Securing value for the passenger and addressing concerns about rail fares; (2) Dealing with the fiscal deficit; (3) Supporting economic growth, through continued taxpayer investment for passengers and freight; (4) Delivering environmental goals, by reducing carbon emissions. The Command Paper also considers the finding and recommendations set out in Sir Roy McNulty's independent "Realising the Potential of GB Rail: Report of the Rail Value for Money Study" (available from the DfT here - http://www.dft.gov.uk/publications/realising-the-potential-of-gb-rail/). The publication is divided into six chapters: Chapter 1: Introduction; Chapter 2: A better deal for passengers; Chapter 3: A more strategic role for Government; Chapter 4: A more efficient industry; Chapter 5: Better information; Chapter 6: Implementing rail reform.
Having been state-owned for decades, the railway reform in China confused many people, particularly in terms of its ownership and property rights arrangements. Western literature always prescribes that the best model for railway reform is privatization. China’s leadership has also enunciated the state’s determination to re-arrange property rights and rejuvenate corporate governance. But is China’s railway reform really a story of convergence and will the Chinese government follow the western model of railway reform? Addressing these questions, this book provides a positive explanation of the reform in China’s railway sector between 1978 and the dissolution of the Ministry of Railways. It bridges the socialist reform and transport policy literature, and studies the empirical changes of the property rights arrangements in China’s railway system. Refuting the convergence theory, it concludes that the cyclical reform policies of decentralization and re-centralization were actually an exploratory and interactive mechanism of "assets discovery" and "assets recovery". This in-depth study is based on 21 face-to-face interviews with railway cadres as well as field trips to collect first-hand information in Guangzhou, Beijing, Shanghai, Tianjin and Wuhan. As one of the only empirical studies on the reform of the railway sector in China, this book will be of interest to students and scholars of China studies, Transport studies and Political Economy.
Excerpt from Railway Reform: Its Importance and Practicability Considered as Affecting the Nation, the Shareholders, and the Government IN 1844 an Act Of Parliament was passed for the purpose of enabling Government to purchase on certain specified terms all railways in the United Kingdom that from that time forward should be constructed. TO protect, however, the interests of the shareholders, and give ample time to the nation and the Legislature to have full experience Of the management of our railways by companies, it was enacted, that twenty-one years should elapse before our present system should become subject to any change, or the rights of proprietorship or management of the directors be in any way interfered with. It will, therefore, be seen that in 1865 this bill comes into Operation, and five-sixths of the existing railway mileage will eventually become subject to its provisions. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
The book presents and compares the new relationships between transport authorities and railway companies in a number of countries (Great Britain, Sweden, Japan, Germany, Switzerland and France). It also presents a number of case studies focusing on the role of contracts, competition and tendering and presenting the achievements of the new regimes so far. This book is aimed at all transport professionals, authorities and academics interested in the increasing use of competition in the passenger railway sector.
This report examines the form regulation should take in rail freight markets to promote efficiency in railways and the wider economy.