Appraising Transformational Projects The Case of the Grand Paris Express

This paper starts from the premise that the scope of the appraisal of transport projects should depend upon the presence (or absence) of various forms of market failure. It reviews the purposes and processes of transport appraisal before setting out a typology of market failures. Then it examines wh...

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Bibliographic Details
Main Author: International Transport Forum.
Corporate Author: International Transport Forum (-)
Format: eBook Section
Language:Inglés
Published: Paris : OECD Publishing 2014.
Series:International Transport Forum Policy Papers, no.3.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009703615406719
Description
Summary:This paper starts from the premise that the scope of the appraisal of transport projects should depend upon the presence (or absence) of various forms of market failure. It reviews the purposes and processes of transport appraisal before setting out a typology of market failures. Then it examines what distinguishes marginal, non-marginal and transformational projects in appraisal terms and what special challenges are created by transformational projects. The report then considers the methods available for the appraisal of such projects and the challenges faced.
Physical Description:1 online resource (53 p. )