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The Economics and Politics of High-Speed Rail
Lessons from Experiences Abroad
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Publisher:
2012
Summary
The technological revolution linked to high speed rail (HSR) has been accompanied by myths and claims about its contribution to society and the economy. Although HSR is unquestionably a technological advance that has become a symbol of modernity, this review and analysis of the international experiences shows that the conditions necessary to have a positive impact, economically, socially and environmentally, are enormously restrictive. The Economics and Politics of High Speed Rail: Lessons from Experiences Abroad, by Daniel Albalate and Germà Bel, introduces the main questions policy makers and scholars should examine when considering and studying HSR implementation, with particular emphasis on the US’s recent interest in this technology and possible application in California. Albalate and Bel then review the experiences of the most significant implementations of HSR around the globe. This in-depth international perspective includes chapters on the pioneers of HSR (Japan and France), the European followers (Germany, Spain and Italy), as well as Asian experiences in China, Taiwan, and Korea.
Albalate and Bel’s study provides a clear distinction between the myths and realities associated with this transportation innovation. Among the most relevant findings, this study highlights how HSR projects that do not satisfy highly restrictive conditions—on mobility patterns, measured costs, and economically rational designs—that make it desirable have been the source of huge financial debacles and the economic failure of HSR in most cases, which result in unfortunate consequences for taxpayers. The Economics and Politics of High Speed Rail is a rigorous investigation of the economic and political challenges and ramifications of implementing new public transportation technology.
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Bibliographic data
Copyright year
2012
ISBN-Print
978-0-7391-7123-3
ISBN-Online
978-0-7391-7124-0
Publisher
Lexington, Lanham
Language
English
Pages
194
Product type
Book Titles
Table of contents
ChapterPages
Contents No access
Acknowledgments No access
Preface No access
Chapter 01. Development of High-Speed Rail in the World No access
Chapter 02. High-Speed Rail in the United States No access
Chapter 03. High-Speed Rail No access
Chapter 04. Japan No access
Chapter 05. France No access
Chapter 06. Germany No access
Chapter 07. Spain No access
Chapter 08. China No access
Chapter 09. Other Experiences No access
Chapter 10. Lessons from International Experiences No access
