High-Speed Rail: The Fast Track to Economic Development?

Even in China, the sustainability of railway debt arising from the program as it proceeds will need to be closely monitored and payback periods will not be short, as they cannot be for such "lumpy" and long-lived assets. But a combination of those factors that create favorable conditions o...

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Bibliographic Details
Main Author: Amos, Paul (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C The World Bank 2010
Series:Transport Papers
Online Access:Volltext
Summary:Even in China, the sustainability of railway debt arising from the program as it proceeds will need to be closely monitored and payback periods will not be short, as they cannot be for such "lumpy" and long-lived assets. But a combination of those factors that create favorable conditions of both demand and supply comes together in China in a way that is distinctly favorable to delivering a successful high-speed rail system
Physical Description:1 Online-Ressource
DOI:10.1596/27812