The Economics and Politics of HighSpeed Rail: Lessons from Experiences Abroad,Used

The Economics and Politics of HighSpeed Rail: Lessons from Experiences Abroad,Used

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The technological revolution linked to high speed rail (HSR) has been accompanied by myths and claims about its contribution to society and the economy. Although HSR is unquestionably a technological advance that has become a symbol of modernity, this review and analysis of the international experiences shows that the conditions necessary to have a positive impact, economically, socially and environmentally, are enormously restrictive. The Economics and Politics of High Speed Rail: Lessons from Experiences Abroad, by Daniel Albalate and Germ Bel, introduces the main questions policy makers and scholars should examine when considering and studying HSR implementation, with particular emphasis on the USs recent interest in this technology and possible application in California. Albalate and Bel then review the experiences of the most significant implementations of HSR around the globe. This indepth international perspective includes chapters on the pioneers of HSR (Japan and France), the European followers (Germany, Spain and Italy), as well as Asian experiences in China, Taiwan, and Korea.Albalate and Bels study provides a clear distinction between the myths and realities associated with this transportation innovation. Among the most relevant findings, this study highlights how HSR projects that do not satisfy highly restrictive conditionson mobility patterns, measured costs, and economically rational designsthat make it desirable have been the source of huge financial debacles and the economic failure of HSR in most cases, which result in unfortunate consequences for taxpayers. The Economics and Politics of High Speed Rail is a rigorous investigation of the economic and political challenges and ramifications of implementing new public transportation technology.

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Frequently Asked Questions

  • Q: What is the main focus of 'The Economics and Politics of High-Speed Rail'? A: The book analyzes the technological revolution of high-speed rail (HSR) and the myths surrounding its economic, social, and environmental impacts, offering insights into international experiences.
  • Q: Who are the authors of this book? A: The book is authored by Daniel Albalate and Germà Bel.
  • Q: When was 'The Economics and Politics of High-Speed Rail' published? A: The book was published on December 4, 2013.
  • Q: How many pages does this book contain? A: The book contains 210 pages.
  • Q: What are the key themes explored in the book? A: Key themes include the conditions necessary for successful HSR implementation, comparisons of international experiences, and the financial challenges associated with HSR projects.
  • Q: Is this book suitable for policymakers? A: Yes, the book is designed to provide insights and considerations for policymakers and scholars examining HSR implementation.
  • Q: What makes this book different from other studies on high-speed rail? A: This book distinguishes between myths and realities of HSR while offering an in-depth international perspective on successful and unsuccessful implementations.
  • Q: What type of binding does this book have? A: The book is available in paperback binding.
  • Q: Can this book help understand the economic failures of HSR projects? A: Yes, it highlights how projects failing to meet certain conditions have led to financial failures and negative consequences for taxpayers.
  • Q: What is the target audience for 'The Economics and Politics of High-Speed Rail'? A: The target audience includes transportation professionals, policymakers, scholars, and anyone interested in the economic and political aspects of public transportation technology.