Chapter 6 Flashcards
1
Q
What are the public interests in railway sector?
A
- Technically efficient - using resources at least cost
- Publicly affordable - sustainable amounts justified by public benefits
- Market responsive - services respond to citizens needs at reasonable prices
- Safe and clean - acceptable standards
2
Q
What are the 6 main roles of government in the rail sector?
A
- Setting national transport strategy - policy aims + framework on operation of modes
- Creating railway sector structures - industry institutions, public/private roles, competitive framework
- Purchasing transport services -
- Regulating the industry - institutions and methods of administering economic, technical, environmental or safety regulations
- Facilitating international railway integration - inter-governmental frameworks that promote interoperability and seamless service across borders
- Establishing the administrative apparatus - organization of ministries to perform the above roles
3
Q
What are the four areas of regulation?
A
- Economic - industry entry, standards, pricing
- Safety - protection of passengers and investigation procedures
- Environment - impact of rail on communities and emissions
- Technical - norms and standards to adhere to