High-speed Rail (HSR) is a technological transportation advance that has raised the interest of policy makers and researchers worldwide. The study of High-speed Rail is a recent phenomenon but has received increasing attention due to the extension of this mode of transportation around the globe. Evaluating High-Speed Rail contains some of the most recent and cutting edge studies on HSR from different disciplines. The book is organized around a variety of key topics related to the evaluation of High Speed Rail projects and experiences. These topics include: the economic appraisal and evaluation of High-Speed Rail projects; the evaluation of indirect and direct effects of High-Speed Rail; its territorial, redistributive and environmental impacts; its contribution or limitation to urban growth; and the management of challenges created by the arrival of High-Speed Rail lines to core cities. It also covers the contribution of High-Speed Rail to tourism and its impact on intermodal competition, with especial consideration to air transportation. Chapters analyse the expected effects of introducing on-track competition and designing public-private contracts to develop new lines. This cutting-edge volume offers rigorous analysis from top researchers in the field with a clear intention to deliver policy implications and provide the latest analysis on the impact of High Speed Rail. This book is suitable for students and academics interested in transportation infrastructure, economic impacts of public investments, mobility, planning and urban affairs, as well as researchers and policy makers in the transportation and infrastructure sector.

Public-private partnerships (PPPs) are arrangements between government and private actors with the objective of providing public infrastructure, facilities and services. Three fundamental questions frame the use of PPPs at the local level: What do PPPs look like? What gives rise to the use of PPPs? And, what are the outcomes of PPPs? The articles in this book provide insightful answers to these questions. In addition, the contributions in the book identify lines of research that invite further investigation, namely: problems related to the degree of risk transfer; the challenges posed by renegotiation; and evaluation of PPPs' results. The content of this book will be of interest for scholars, policy analysts, and policy makers. This book was published as a special issue of Local Government Studies.

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 Germa 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.

This book sets out to explain the very particular characteristics of Spanish infrastructure policy. The capital city of Madrid plays a central role. It not only achieved the status of economic capital of Spain in recent decades but together with its status as administrative and political capital Madrid endowed itself as absolute capital. The challenge is to understand why such development has taken place. First: radial policies in transport infrastructure, which were primarily subordinate to political and administrative objectives, could not be supported by the dynamics of economic activity. For that reason these policies demanded the use of extensive budgetary resources in the form of subsidies and grants that made possible what legislation alone could not achieve. Second: these policies respond to a regular and continuing historical pattern in Spanish politics, which began with the accession to the Spanish Crown of the Bourbon dynasty in the early eighteenth century. The new dynasty tried hard to translate into practice the vision of building a Nation like France, with a Capital like Paris. Third: the enduring strength of this historical pattern allows us to understand why infrastructural policies in Spain today are so unique and different from those of surrounding and comparable countries. Originally published to great acclaim in Spanish and Catalan, Professor Bel places the historical perspective in contemporary viewpoint in discussing the Spanish enthusiasm for high-speed railway, with the prospect of Madrid being connected with all provincial capitals, albeit while freight by train has been neglected; a fully centralised model of airport management that is unmatched among comparable countries; and a mixed (toll and toll-free motorways) and highly asymmetric territorial highway funding model for motorways.

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 Germa 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.

Public-private partnerships (PPPs) are arrangements between government and private actors with the objective of providing public infrastructure, facilities and services. Three fundamental questions frame the use of PPPs at the local level: What do PPPs look like? What gives rise to the use of PPPs? And, what are the outcomes of PPPs? The articles in this book provide insightful answers to these questions. In addition, the contributions in the book identify lines of research that invite further investigation, namely: problems related to the degree of risk transfer; the challenges posed by renegotiation; and evaluation of PPPs' results. The content of this book will be of interest for scholars, policy analysts, and policy makers. This book was published as a special issue of Local Government Studies.

High-speed Rail (HSR) is a technological transportation advance that has raised the interest of policy makers and researchers worldwide. The study of High-speed Rail is a recent phenomenon but has received increasing attention due to the extension of this mode of transportation around the globe. Evaluating High-Speed Rail contains some of the most recent and cutting edge studies on HSR from different disciplines. The book is organized around a variety of key topics related to the evaluation of High Speed Rail projects and experiences. These topics include: the economic appraisal and evaluation of High-Speed Rail projects; the evaluation of indirect and direct effects of High-Speed Rail; its territorial, redistributive and environmental impacts; its contribution or limitation to urban growth; and the management of challenges created by the arrival of High-Speed Rail lines to core cities. It also covers the contribution of High-Speed Rail to tourism and its impact on intermodal competition, with especial consideration to air transportation. Chapters analyse the expected effects of introducing on-track competition and designing public-private contracts to develop new lines. This cutting-edge volume offers rigorous analysis from top researchers in the field with a clear intention to deliver policy implications and provide the latest analysis on the impact of High Speed Rail. This book is suitable for students and academics interested in transportation infrastructure, economic impacts of public investments, mobility, planning and urban affairs, as well as researchers and policy makers in the transportation and infrastructure sector.