Improving economic regulation in transport

Improving, economic, regulation, transport, ITF, International, transport, Marco, Ponti, Tom, WinsorA report by the International Transport Forum, a transport policy think tank at the OECD, focuses on how to achieve effective independent regulation of transport infrastructure

A report by the International Transport Forum, a transport policy think tank at the OECD, focuses on how to achieve effective independent regulation of transport infrastructure and how to reconcile independence with the legitimate control of policy by the executive part of government

The report is based on an exchange of views between experienced regulators and leading experts on network industry regulation. It argues that the transparency created by a fully independent regulator is invaluable for ensuring sufficient investment is forthcoming, while maintaining reasonable conditions for user access. It concludes that there are opportunities to improve performance significantly in the aviation, rail and road sectors, by learning from successful experience in improving governance structures in a range of countries. The publication includes papers by Tom Winsor, former UK rail
regulator, Hans-Martin Niemeier, former aviation regulator in Germany and Italian regulatory expert Marco Ponti.

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