The Road to Renewal: Private Investment in the U.S. Transportation Infrastructure

Author:   Richard R. Geddes
Publisher:   AEI Press
ISBN:  

9780844743462


Pages:   230
Publication Date:   16 February 2011
Format:   Hardback
Availability:   In Print   Availability explained
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The Road to Renewal: Private Investment in the U.S. Transportation Infrastructure


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Overview

Despite record levels of government spending, America's transportation system is plagued by traffic congestion, decaying infrastructure, and politicization of transportation funding-leading to calamities such as the 2007 collapse an interstate highway bridge over the Mississippi River and political fiascos like Alaska's infamous ""Bridge to Nowhere."" In The Road to Renewal, R. Richard Geddes surveys the current state of U.S. ground transportation and finds that, like the roads themselves, transportation policy is in desperate need of repair. A shift toward increased use of public-private partnerships (PPPs)-contractual agreements that allow private participation in the design, construction, operation, and delivery of transportation facilities-could significantly improve the quality of U.S. roadways.

Full Product Details

Author:   Richard R. Geddes
Publisher:   AEI Press
Imprint:   AEI Press
Dimensions:   Width: 16.20cm , Height: 1.90cm , Length: 24.10cm
Weight:   0.426kg
ISBN:  

9780844743462


ISBN 10:   0844743461
Pages:   230
Publication Date:   16 February 2011
Audience:   College/higher education ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   No Longer Our Product
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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Reviews

Richard Geddes' book is a compelling argument for a new approach to road financing in America. It makes a powerful case for road service providers to charge directly for road use in the same way telephone or electricity or airline companies charge customers directly for use of their service. Road-use charges should be varied according to the scarcity of road space, the vehicle type, and costs imposed. Geddes argues persuasively that investment in infrastructure will be better directed and roads better managed with prices providing a direct link between road managers and motorists as customers. Our present system of funding through gasoline and diesel fuel taxes is fundamentally flawed, Geddes argues. He recommends road funding and management through toll collecting public private partnerships as a way to give America the top-quality, responsive, and well-funded road transportation system it needs. The book is timely given the public disgust with 'porkbarrel roads' and 'bridges to nowhe


Author Information

R. Richard Geddes is associate professor in the Department of Policy Analysis and Management at Cornell University and an adjunct scholar at the American Enterprise Institute. He recently served as a commissioner on the National Surface Transportation Policy and Revenue Study Commission.

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