Urban Transport: Can Public-Private Partnerships Work?
- The World Bank
- Eduardo Engel and Alexander Galetovic
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
- Document type
- Working Paper
- Urban_Transport_Can_PPPs_Work.pdf (1.16 MB)