Which Road Ahead: Government or Market?

In this volume, the authors propose the privatization of the UK road network. In doing so, they examine the traditional objections to privatization and find them wanting. With lively discussion and making good use of practical examples, the authors also look at related issues such as road taxation, the planning system, pricing, regulation, and the management of congestion. While they admit that there are valid objections to road privatization—and straightforward privatization may not suit all types of roads—there are many imaginative schemes outlined that could deal with those objections. The authors also show that the nationalization of roads has not been a success. This study is essential reading for policymakers, academics, and students in the field of transport and logistics.