1. Moving into private sector
- Author
-
Thompson, Louis S.
- Subjects
Railroads -- Management ,Private sector -- Management ,Business ,Business, general ,World Bank -- Evaluation - Abstract
The developing countries, under the auspices of the World Bank are gradually transforming their railroad deficits into government payments. The strategy of railroad concessioning to the private sector has made it possible especially in the Latin Americas. Policy and welfare planning are entrusted to government hands, while actual business operations and rail services are entrusted to the private sector. The result is an efficient public rail services for the Latinos, way above the United States' rail operations.
- Published
- 1998