Lessons from the US Transport Deregulation Experience for Privatization

Travellers throughout the world are generally dissatisfied with their country’s transportation system because of the significant highway congestion, air travel delays, unreliable public transit service, and so on, which they are forced to endure. Public officials have sought to address such problems by increasing government spending on transportation but it has become quite clear that most, if not all, countries cannot spend their way out of their transportation problems.