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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

Categories: Transport, ICA Publications, Infrastructure Financing, Private Sector & Public-private Partnerships, Urbanisation

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