Type
Article
Title
Railroad Restructuring in Russia and Central and Eastern Europe: One Solution for All Problems?
In
Transport Reviews
Author(s)
FRIEBEL Guido - Goethe University Frankfurt (Author)
GURIEV Sergei - (Author)
PITTMAN Russell - U.S. Department of Justice (Author)
SHEVYAKHOVA Elizaveta - Boston College (Author)
TOMOVA Anna - University of Zilina (Author)
Volume
27
Number
3
Pages
251 - 271 p.
ISSN
01441647
Abstract
EN
Railways restructuring takes place under very different circumstances and with very different goals in Western Europe, Central and Eastern Europe, and Russia. There are some improvements in productivity associated with the reforms in the European Union (among others access to infrastructure and vertical separation). But they are not certain to be replicated following similar restructuring in transition economies, especially if one takes account of the much higher shadow price on government subsidies in the latter. The current and proposed reforms in the railways of Central and Eastern Europe and Russia are described in detail; the likely outcomes of reforms in the special economic, regulatory and legal environments of these countries are analysed; and an alternative proposal for restructuring in Russia is presented.

BIBLIOGRAPHIC QUOTE
EXPORT