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German rail reform: railway policy realigned for the capital markets

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  • Tim Engartner

Abstract

The reform of the 'Deutsche Bahn' must be considered as one of the most controversial traffic policy decisions for several decades. Although an increase in passenger numbers and freight should be the top priority, the management relentlessly aims at increasing share value on the stock market. This strategy, vigorously discussed in parliament, involves raising fares, selling stations and restricting the rail network in the short term. Meanwhile it also shows evidence of a longer-term strategy, which is backed by the federal government: implementing market concepts that do not match constitutional requirements, such as the presence of area-wide railway services.

Suggested Citation

  • Tim Engartner, 2010. "German rail reform: railway policy realigned for the capital markets," International Journal of Public Policy, Inderscience Enterprises Ltd, vol. 6(1/2), pages 73-86.
    • Handle: RePEc:ids:ijpubp:v:6:y:2010:i:1/2:p:73-86
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    Cited by:

    1. Jeffrey Overall, 2017. "Practice what you preach: the failure of the welfare state and the discovery of total equality through capitalism," International Journal of Public Policy, Inderscience Enterprises Ltd, vol. 13(1/2), pages 69-85.

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