000 01381naa a2200169uu 4500
001 6012417554017
003 OSt
005 20190211160606.0
008 060124s2006 xx ||||gr |0|| 0 eng d
100 1 _aSHAOUL, Jean
_920390
245 1 0 _aRailpolitik :
_bthe financial realities of operating Britain's national railways
260 _aOxford :
_bBlackwell Publishing,
_cJanuary 2004
520 3 _aThis article analyses the context and financial performance of Britain's national railways under private ownership in the first half of the 20th century and public ownership in the second half of the century, in order to understand the problems confronting the railways and the implications for privatization. The evidence shows that Railtrack's collapse was inevitable: it is impossible for the railway industry to generate the revenue to cover the full cost of the infrastructure and services, including the financial claims of the providers of capital, without jeopardizing network performance. Privatization could not resolve the external constraints and the consequent financial problems. The final section considers the implications of this analysis for the future of the industry
773 0 8 _tPublic Money & Management
_g24, 1, p. 27-36
_dOxford : Blackwell Publishing, January 2004
_xISSN 0954-0962
_w
942 _cS
998 _a20060124
_b1755^b
_cAnaluiza
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c14687
_d14687
041 _aeng