Suchergebnisse

Improved road pricing would be an indispensable element in a road system run on commercial principles, with charges for road use not co‐mingled with taxes, and with no discrimination against private road providers. But pricing imposed by a monopoly supplier, to 'restrain' motorised mobility, is unacceptable in a free society.

Decades of economics teaching have held that the provision of roods and transport is a public good from which free‐riders connof be excluded, and must therefore be provided by the stote. Gabriel Roth, fromerly at the World Bonk and now on infernational consultant on privatisation, demonstrates how, even in the poorer areas of the world, the market is providing roods and transpon alike. Technological advance has brought pricing for roads into economic reality.