IDEAS home Printed from https://ideas.repec.org/a/eee/iburev/v13y2004i2p181-214.html
   My bibliography  Save this article

The future of the UK railway system: Michael Brooke's vision

Author

Listed:
  • Casson, Mark

Abstract

The UK rail system has been the subject of a bold ideological experiment in privatisation, which has failed. Public subsidy has more than tripled in ten years, new electric trains are in storage because there is insufficient power to run them, and punctuality and reliability have declined to amongst the lowest levels in Europe. The paper analyses the fundamental causes of failure. Its goes beyond the well-known problems caused by separating infrastructure and operation to analyse a wide range of perverse incentives caused by the fragmentation of ownership. It advocates a return to command and control (currently in progress), an integrated programme for the enhancement of the network, and radical changes to the recruitment and training of managers.

Suggested Citation

  • Casson, Mark, 2004. "The future of the UK railway system: Michael Brooke's vision," International Business Review, Elsevier, vol. 13(2), pages 181-214, April.
    • Handle: RePEc:eee:iburev:v:13:y:2004:i:2:p:181-214
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S096959310300132X
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bourguignon, Annick & Saulpic, Olivier & Zarlowski, Philippe, 2006. "Management Accounting Change in the Public Sector: A French Case Study and a New Institutionalist Perspective," ESSEC Working Papers DR 06018, ESSEC Research Center, ESSEC Business School.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:iburev:v:13:y:2004:i:2:p:181-214. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/133/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.