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Urban Transport Can Public-Private Partnerships Work?

Department
The World Bank
Author
Eduardo Engel and Alexander Galetovic
Description

Cities exist, grow, and prosper because they take advantage of scale economies and specialization wrought by agglomeration. But output growth inevitably stresses transport infrastructure because production requires space and mobility. To prevent congestion from crowding out agglomeration benefits and to expand the supply of urban land, cities must invest in transport infrastructure.

Publication date
2014
Document type
Working Paper
Language(s)
English
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Categories: Transport

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