Transport infrastructure in London

Tony Travers

Oxford Review of Economic Policy, 2009, vol. 25, issue 3, 451-468

Abstract: Transport has been a dominant political and public funding issue in London for decades. The growth of the city's economy and population has created demands for new and improved services and to reduce congestion. Proposals have been made to build new railway and underground lines, though the process of delivering them has proved problematic and slow. Existing transport infrastructure has not been properly maintained. Governance arrangements have been reformed from time to time. The city must operate within the UK's centralized public finance model, which ensures a need for multi-level government decision-making. London cannot use the product of local taxation to re-invest in its own transport system. Consequently, there is only a weak, inconsistent, and under-researched approach to the delivery of such transport investment. Copyright 2009, Oxford University Press.

Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1093/oxrep/grp029 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:oxford:v:25:y:2009:i:3:p:451-468

Access Statistics for this article

Oxford Review of Economic Policy is currently edited by Christopher Adam

More articles in Oxford Review of Economic Policy from Oxford University Press and Oxford Review of Economic Policy Limited
Bibliographic data for series maintained by Oxford University Press ().