Chapter 6 Flashcards

1
Q

What are the public interests in railway sector?

A
  1. Technically efficient - using resources at least cost
  2. Publicly affordable - sustainable amounts justified by public benefits
  3. Market responsive - services respond to citizens needs at reasonable prices
  4. Safe and clean - acceptable standards
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2
Q

What are the 6 main roles of government in the rail sector?

A
  1. Setting national transport strategy - policy aims + framework on operation of modes
  2. Creating railway sector structures - industry institutions, public/private roles, competitive framework
  3. Purchasing transport services -
  4. Regulating the industry - institutions and methods of administering economic, technical, environmental or safety regulations
  5. Facilitating international railway integration - inter-governmental frameworks that promote interoperability and seamless service across borders
  6. Establishing the administrative apparatus - organization of ministries to perform the above roles
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3
Q

What are the four areas of regulation?

A
  1. Economic - industry entry, standards, pricing
  2. Safety - protection of passengers and investigation procedures
  3. Environment - impact of rail on communities and emissions
  4. Technical - norms and standards to adhere to
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