The Road to Renewal: Private Investment in the U.S. Transportation Infastructure

Despite record levels of government spending, America's transportation system is plagued by traffic congestion, decaying infrastructure, and politicization of transportation funding-leading to calamities such as the 2007 collapse an interstate highway bridge over the Mississippi River and political fiascos like Alaska's infamous "Bridge to Nowhere." In The Road to Renewal, R. Richard Geddes surveys the current state of U.S. ground transportation and finds that, like the roads themselves, transportation policy is in desperate need of repair. A shift toward increased use of public-private partnerships (PPPs)-contractual agreements that allow private participation in the design, construction, operation, and delivery of transportation facilities-could significantly improve the quality of U.S. roadways.

Author: R. Richard Geddes
Publisher: AEI Press
Published: 02/16/2011
Pages: 185
Binding Type: Hardcover
Weight: 0.92lbs
Size: 9.10h x 6.00w x 0.60d
ISBN: 9780844743462

About the Author
R. Richard Geddes is associate professor in the Department of Policy Analysis and Management at Cornell University and an adjunct scholar at the American Enterprise Institute. He recently served as a commissioner on the National Surface Transportation Policy and Revenue Study Commission.