Transit privatization
From Wikipedia, the free encyclopedia
Rail privatization refers to efforts to privatize buses and commuter railways. There is evidence that such systems are more efficient than government-operated transit systems. The efficiency increases even further when operations are separated from policy.[1] In the United States, Wendell Cox is perhaps the foremost transit privatization expert; he advocates privatization of Amtrak stations.[2]
Privatization can involve ownership of a transit system by private entities, or it can involve contracting publicly owned railways out to concessionaires. The latter is used by Buenos Aires, Argentina; Montevideo, Uruguay; and Porto Alegre, Curitiba and Sao Paulo, Brazil.[3]
