Private Sector Participation in Light Rail-Light Metro Transit Initiatives

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Author :
Publisher : World Bank Publications
ISBN 13 : 082138130X
Total Pages : 325 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Private Sector Participation in Light Rail-Light Metro Transit Initiatives by : Cledan Mandri-Perrott

Download or read book Private Sector Participation in Light Rail-Light Metro Transit Initiatives written by Cledan Mandri-Perrott and published by World Bank Publications. This book was released on 2010-01-21 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to help governments and public authorities to establish effective light rail-light metro transit (LRMT) systems, and focuses on use of Public Private Participation (PPP) arrangements. Rather than identify a single approach, we present options and discuss practical issues related to preparing and implementing new LRMT PPP schemes. The approach is focused on providing information that can be used to make informed decisions, adapted to local policy and objectives. The material presented is intended as a practical guide to developing LRMT PPPs in both developed and developing countries. This work endeavors to provide answers to readers questions regarding how to successfully incorporate private sector participation in LRMT with a lesser emphasis on why LRMT and the private sector may be beneficial. The primary focus of this text is guiding the reader from design through to project implementation. It starts from the premise that underlying transport policy decisions will have already been made and that LRMT has already been identified as the appropriate transport solution. We have included some limited discussion of policy and technical issues where these directly impact the LRMT PPP approach. The approach is presented in nine sections, and in preparing it the author drew on current international LRMT PPP experience, through a series of interviews and case studies. The sections covered are: 1. Urban Transport and Light Rail/Light Metro Transit (LRMT) 2. Selected Technical Aspects 3. Incorporating Private Sector Participation in LRMT Initiatives 4. Understanding and Allocating Risk 5. Specifications, Oversight and Performance Management 6. Funding and finance 7. Developing a PPP Agreement 8. Procurement 9. Conclusions and Recommendations

Private Sector Participation in Light Rail-Light Metro Transit Initiatives

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Author :
Publisher : World Bank Publications
ISBN 13 : 0821380850
Total Pages : 325 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Private Sector Participation in Light Rail-Light Metro Transit Initiatives by : Cledan Mandri-Perrott

Download or read book Private Sector Participation in Light Rail-Light Metro Transit Initiatives written by Cledan Mandri-Perrott and published by World Bank Publications. This book was released on 2010-01-21 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to help governments and public authorities to establish effective light rail-light metro transit (LRMT) systems, and focuses on use of Public Private Participation (PPP) arrangements. Rather than identify a single approach, we present options and discuss practical issues related to preparing and implementing new LRMT PPP schemes. The approach is focused on providing information that can be used to make informed decisions, adapted to local policy and objectives. The material presented is intended as a practical guide to developing LRMT PPPs in both developed and developing countries. This work endeavors to provide answers to readers questions regarding how to successfully incorporate private sector participation in LRMT with a lesser emphasis on why LRMT and the private sector may be beneficial. The primary focus of this text is guiding the reader from design through to project implementation. It starts from the premise that underlying transport policy decisions will have already been made and that LRMT has already been identified as the appropriate transport solution. We have included some limited discussion of policy and technical issues where these directly impact the LRMT PPP approach. The approach is presented in nine sections, and in preparing it the author drew on current international LRMT PPP experience, through a series of interviews and case studies. The sections covered are: 1. Urban Transport and Light Rail/Light Metro Transit (LRMT) 2. Selected Technical Aspects 3. Incorporating Private Sector Participation in LRMT Initiatives 4. Understanding and Allocating Risk 5. Specifications, Oversight and Performance Management 6. Funding and finance 7. Developing a PPP Agreement 8. Procurement 9. Conclusions and Recommendations

The Urban Rail Development Handbook

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Author :
Publisher : World Bank Publications
ISBN 13 : 146481273X
Total Pages : 845 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis The Urban Rail Development Handbook by : Daniel Pulido

Download or read book The Urban Rail Development Handbook written by Daniel Pulido and published by World Bank Publications. This book was released on 2018-09-11 with total page 845 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cities across the globe are looking to develop affordable, environmentally friendly, and socially responsible transportation solutions that can meet the accessibility needs of expanding metropolitan populations and support future economic and urban development. When appropriately planned and properly implemented as part of a larger public transportation network, urban rail systems can provide rapid mobility and vital access to city centers from surrounding districts. High-performing urban rail services, when carefully approached as development projects, can help enhance quality of life by giving citizens access to employment opportunities, essential services, urban amenities, and neighboring communities. The purpose of this Handbook is to synthesize and disseminate knowledge to inform the planning, implementation, and operations of urban rail projects with a view towards: -- Emphasizing the need for early studies and project planning; -- Making projects more sustainable (economically, socially, and environmentally); -- Improving socioeconomic returns and access to opportunities for users; -- Maximizing the value of private participation, where appropriate; and -- Building capacity within project implementing and managing institutions This Handbook provides experiential advice to tackle the technical, institutional, and financial challenges faced by decision makers considering urban rail projects. It brings together the expertise of World Bank staff and the input of numerous specialists to synthesize international 'good practices' and recommendations that are independent of commercial, financial political, or other interests. The material presented is intended as an honest-broker guide to maximize the impact and manage the challenges of urban rail systems in cities in both developed and developing countries. Rather than identify a single approach, this Handbook acknowledges the complexities and context necessary when approaching an urban rail development by helping to prepare decision makers to ask the right questions, consider the key issues, perform the necessary studies, apply adequate tools, and learn from international good practice all at the right time in the project development process.

Manual para el desarrollo de ferrocarriles urbanos

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464815976
Total Pages : 814 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Manual para el desarrollo de ferrocarriles urbanos by : Daniel Pulido

Download or read book Manual para el desarrollo de ferrocarriles urbanos written by Daniel Pulido and published by World Bank Publications. This book was released on 2020-11-09 with total page 814 pages. Available in PDF, EPUB and Kindle. Book excerpt: A nivel global, ciudades buscan desarrollar soluciones de transporte asequibles, ecológicas y socialmente responsables que puedan satisfacer las necesidades de conectividad de las crecientes poblaciones metropolitanas y respaldar el futuro desarrollo económico y urbano. Cuando los sistemas ferroviarios urbanos se planifican e implementan adecuadamente como parte de una red de transporte público más amplia, éstis pueden brindar vías rápidas de movilidad y acceso vital a los centros urbanos desde la periferias. Los servicios ferroviarios urbanos de alto rendimiento, cuando se abordan cuidadosamente en el contexto de un proyecto de desarrollo, pueden ayudar a mejorar la calidad de vida de los ciudadanos brindándoles acceso a oportunidades laborales y servicios esenciales, tanto del entorno urbano inmediato como de comunidades vecinas. Este manual sintetiza y difunde conocimientos sobre planificación, implementación y operación de los proyectos ferroviarios urbanos para: i) destacar la necesidad de realizar estudios tempranos y planificar los proyectos, ii) contribuir a que los proyectos sean más sostenibles (desde el punto de vista económico, social y ambiental); iii) mejorar los beneficios socioeconómicos de los usuarios y el acceso de estos a distintas oportunidades; iv) maximizar el valor de la participación privada, cuando corresponda, y v) fortalecer la capacidad de las instituciones encargadas de la gestión e implementación de los proyectos. Se ofrece experiencia para lidiar con los desafíos técnicos, institucionales y financieros a los que se enfrentan los tomadores de decisiones de proyectos ferroviarios urbanos. Se reúnen los conocimientos especializados del personal del Banco Mundial y el aporte de numerosos especialistas para sintetizar buenas prácticas y recomendaciones basadas en experiencia global que no responden a intereses comerciales, financieros ni políticos, entre otros. El material presentado tiene como objetivo servir de guía imparcial para maximizar el impacto y afrontar los desafíos que conllevan los sistemas ferroviarios urbanos en las ciudades de países desarrollados y en desarrollo. No se brinda un enfoque único, sino que se reconocen las complejidades y los distintos contextos existentes cuando se aborda un proyecto de desarrollo ferroviario urbano; de ese modo, se apoya a las autoridades a prepararse para formular las preguntas adecuadas, analizar las cuestiones clave, llevar a cabo los estudios necesarios, aplicar las herramientas apropiadas y aprender de las buenas prácticas internacionales, todo ello en el oportuno momento del proceso de desarrollo del proyecto.

Private Sector Investment in Infrastructure

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Author :
Publisher : Kluwer Law International B.V.
ISBN 13 : 9403530510
Total Pages : 689 pages
Book Rating : 4.4/5 (35 download)

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Book Synopsis Private Sector Investment in Infrastructure by : Jeffrey Delmon

Download or read book Private Sector Investment in Infrastructure written by Jeffrey Delmon and published by Kluwer Law International B.V.. This book was released on 2021-02-10 with total page 689 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past five years have raised some serious new challenges, capital surplus, a global pandemic, debt crises, and a global economic crisis. While the responses to these challenges are complex, the fundamentals remain the same. Infrastructure remains a moral and economic imperative, as well as a good investment. However, many governments that would like to increase their infrastructure investment have limited capital, with infrastructure facing stiff competition from alternative uses of public funds. Public-Private Partnerships (PPPs) are part of a fundamental, global shift in the role of government – from being the direct provider of public services to becoming the planner, facilitator, contract manager and/or regulator who ensures that local services are available, reliable, meet key quality standards, and are affordable for users and the economy. This rich and practical book, now in its fourth edition, shows how the private sector (through – PPPs) can provide more efficient procurement through cheaper, faster, and better quality; refocus infrastructure services on service delivery, consumer satisfaction and life cycle maintenance; and provide new sources of innovation, technological advances and investment, including through limited recourse debt (i.e., project financing). This book provides a practical guide to PPP in all the following ways and more: how governments can enable, encourage and manage PPP; financing of new and existing infrastructure; designing and implementing PPP contractual structures; and most importantly, how to balance PPP risk allocation in practice. Specific discussion of each infrastructure sector (including local government) is provided. Lawyers and business people, engineers, development specialists, banking and insurance professionals, and academics will all find this book a useful guide for planning, designing and implementing PPP projects and programmes.

Light Rail Transit Systems

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Author :
Publisher : Elsevier
ISBN 13 : 0128147857
Total Pages : 240 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Light Rail Transit Systems by : Rob van der Bijl

Download or read book Light Rail Transit Systems written by Rob van der Bijl and published by Elsevier. This book was released on 2018-06-29 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Light Rail Transit Systems: 61 Lessons in Sustainable Urban Development shows how to design and operate light rail to maximize its social benefits. Readers will learn how to understand the value of light rail and tactics on its effective integration into communities. It uses strong supporting evidence and theory drawn from the author's team and their extensive experience in developing new light rail systems. The book uses numerous case studies to demonstrate how key concepts can bridge the geographic limitations inherent in many transit-related discussions. In addition, users will learn how to develop important relationships with local decision-makers and communities. - Presents applied research by experienced practitioners and academic researchers - Draws on more than 50 cases from Europe, the Middle East, the UK and US - Incorporates five themes on why it's important to invest in light rail, including effective mobility, and for an efficient city, economy, environment and equity - Includes a checklist for planning public transport projects

Public–Private Partnership Monitor

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9292610171
Total Pages : 458 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis Public–Private Partnership Monitor by : Asian Development Bank

Download or read book Public–Private Partnership Monitor written by Asian Development Bank and published by Asian Development Bank. This book was released on 2017-11-01 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first edition of the Public–Private Partnership (PPP) Monitor tracks the development of the PPP business environment as well as the challenges of doing PPPs in nine of the developing member countries (DMCs) of the Asian Development Bank (ADB): Bangladesh, the People's Republic of China, India, Indonesia, Kazakhstan, Papua New Guinea, the Philippines, Thailand, and Viet Nam. It is divided into four main categories: Regulatory Framework, Institutional Capacity for Implementation, PPP Market Maturity, and Financial Facilities. The PPP Monitor aims to increase the level and quality of private sector participation in infrastructure in the ADB's DMCs by serving as an active platform for dialogue between the public and private sectors.

International Handbook on Mega-Projects

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1781002304
Total Pages : 479 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis International Handbook on Mega-Projects by : Hugo Priemus

Download or read book International Handbook on Mega-Projects written by Hugo Priemus and published by Edward Elgar Publishing. This book was released on 2013-11-29 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing crucial background information for those who want to understand decision-making processes on large transport infrastructure projects, this fascinating Handbook will prove an important source of information for academics, researchers and stude

Routledge Handbook of Transport in Asia

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Author :
Publisher : Routledge
ISBN 13 : 1317577337
Total Pages : 731 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Routledge Handbook of Transport in Asia by : Junyi Zhang

Download or read book Routledge Handbook of Transport in Asia written by Junyi Zhang and published by Routledge. This book was released on 2018-06-12 with total page 731 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asian transportation systems and services, as well as their usage, are fraught with challenges. This handbook therefore seeks to examine the possible solutions to the problems faced by the region. It illustrates the history of transportation development in Asia and provides a comprehensive overview of research on urban and intercity transport. Presenting an extensive literature review and detailed summaries of the major findings and methodologies, this book also offers suggestions for future research activities from top-level international researchers. Written from an interdisciplinary perspective, the topics covered include: Transportation systems across Asia; Traffic accidents; Air pollution; Land use and logistics; Transport governance. Considering the population and economic development scale, as well as the diverse cultures of Asia, the Routledge Handbook of Transport in Asia will be a valuable resource for students and scholars of transportation, Asian development and Asian Studies in general.

The Arab Spring Five Years Later: Vol. 1 & Vol. 2

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Author :
Publisher : Brookings Institution Press
ISBN 13 : 0815727534
Total Pages : 624 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis The Arab Spring Five Years Later: Vol. 1 & Vol. 2 by : Hafez Ghanem

Download or read book The Arab Spring Five Years Later: Vol. 1 & Vol. 2 written by Hafez Ghanem and published by Brookings Institution Press. This book was released on 2016-03-01 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two-volume set explores in-depth the economic origins and repercussions of the Arab Spring revolts. Volume 1 of The Arab Spring Five Years Later is based on extensive research conducted by scholars from a variety of backgrounds, including many associated with the Japan International Cooperation Agency (JICA). The original research papers are gathered in volume 2 and are available for readers who wish to go even further in understanding the economic background of the Arab Spring. Papers examine women's issues and agricultural practices in Morocco; urban transportation, small enterprises, governance, and inclusive planning in Egypt; reconstruction in Iraq; youth employment in Tunisia; education in Yemen; and more. In addition to Hafez Ghanem, contributors include Mongi Boughzala (University of Tunis ElManar, Tunisia), Mohamed Tlili Hamdi (University of Sfax, Tunisia),Yuriko Kameyama (JICA), Hideki Matsunaga (JICA), Mayada Magdy (JICA), Yuko Morikawa (JICA), Akira Murata (JICA), Kei Sakamoto (JICA), Seiki Tanaka (JICA), Masanori Yoshikawa (JICA), and Takako Yuki (JICA).

The Arab Spring Five Years Later: Vol 2

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Author :
Publisher : Brookings Institution Press
ISBN 13 : 0815727224
Total Pages : 461 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis The Arab Spring Five Years Later: Vol 2 by : Hafez Ghanem

Download or read book The Arab Spring Five Years Later: Vol 2 written by Hafez Ghanem and published by Brookings Institution Press. This book was released on 2015-12-29 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 1 of The Arab Spring Five Years Later is based on extensive research conducted by scholars from a variety of backgrounds, including many associated with the Japan International Cooperation Agency (JICA). The original research papers are gathered in volume 2 and are available for readers who wish to go even further in understanding the economic background of the Arab Spring. Papers examine women's issues and agricultural practices in Morocco; urban transportation, small enterprises, governance, and inclusive planning in Egypt; reconstruction in Iraq; youth employment in Tunisia; education in Yemen; and more. In addition to Hafez Ghanem, contributors include Mongi Boughzala (University of Tunis ElManar, Tunisia), Mohamed Tlili Hamdi (University of Sfax, Tunisia),Yuriko Kameyama (JICA), Hideki Matsunaga (JICA), Mayada Magdy (JICA), Yuko Morikawa (JICA), Akira Murata (JICA), Kei Sakamoto (JICA), Seiki Tanaka (JICA), Masanori Yoshikawa (JICA), and Takako Yuki (JICA).

Megacity Mobility

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Author :
Publisher : CRC Press
ISBN 13 : 1000518183
Total Pages : 255 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis Megacity Mobility by : Zongzhi Li

Download or read book Megacity Mobility written by Zongzhi Li and published by CRC Press. This book was released on 2021-12-14 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: World population growth and economic prosperity have given rise to ever-increasing demands on cities, transportation planning, and goods movement. This growth, coupled with a slower pace of transportation capacity expansion and deteriorated facility restoration, has led to rapid changes in the transportation planning and policy environment. These stresses are particularly acute for megacities where degradation of mobility and facility performance have reached alarming rates. Addressing these transportation challenges requires innovative solutions. Megacity Mobility grapples with these challenges by addressing transportation policy, planning, and facilities in a multimodal context. It discusses innovative short- and long-term solutions for meeting current and future mobility needs for the world’s most dynamic cities by addressing the influence of urban land use on mobility, 3D spiderweb transportation planning, travel demand management, multimodal transportation with flexible capacity, efficient capacity utilization driven by new technologies, innovative transportation funding and financing, and performance-based budget allocation using asset management principles. It discusses emerging issues, highlights potential challenges affecting proposed solutions, and provides policymakers, planners, and transportation professionals a road map to achieving sustainable mobility in the 21st century. Zongzhi Li is a professor and the director of the Sustainable Transportation and Infrastructure Research (STAIR) Center at Illinois Institute of Technology (IIT). Adrian T. Moore is vice president of policy at Reason Foundation in Washington, D.C., with focuses on privatization, transportation and urban growth, and more. Samuel R. Staley is the director of the DeVoe L. Moore Center in the College of Social Sciences and Public Policy at Florida State University.

An Economic Analysis of Rapid Transit in New York, 1870 - 2010

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Author :
Publisher : Kyle Mark Kirschling
ISBN 13 :
Total Pages : pages
Book Rating : 4./5 ( download)

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Book Synopsis An Economic Analysis of Rapid Transit in New York, 1870 - 2010 by : Kyle M. Kirschling

Download or read book An Economic Analysis of Rapid Transit in New York, 1870 - 2010 written by Kyle M. Kirschling and published by Kyle Mark Kirschling. This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This is consistent with a substantial body of economic theory, albeit not conventional neoclassical economics, which frequently treats transit as a special case. This conflict is linked to faulty assumptions underlying neoclassical economic theory.

Historical Dictionary of the World Bank

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Publisher : Scarecrow Press
ISBN 13 : 0810878658
Total Pages : 455 pages
Book Rating : 4.8/5 (18 download)

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Book Synopsis Historical Dictionary of the World Bank by : Sarah Tenney

Download or read book Historical Dictionary of the World Bank written by Sarah Tenney and published by Scarecrow Press. This book was released on 2013-10-30 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition of the Historical Dictionary of the World Bank shows the substantial progress the Bank has made, this mainly through the dictionary section with concise entries on its component institutions, related organizations, its achievements in various fields, some of the major projects and member countries, and its various presidents. The introduction explains how the Bank works while the chronology traces the major events over nearly 70 years. Meanwhile, the list of acronyms reminds us just who the main players are. And the bibliography directs readers to useful internal documentation and outside studies.

Advances in Information and Communication

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Author :
Publisher : Springer Nature
ISBN 13 : 3031280768
Total Pages : 827 pages
Book Rating : 4.0/5 (312 download)

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Book Synopsis Advances in Information and Communication by : Kohei Arai

Download or read book Advances in Information and Communication written by Kohei Arai and published by Springer Nature. This book was released on 2023-02-26 with total page 827 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers the proceedings of the eighth Future of Information and Computing Conference, which was held successfully in virtual mode. It received a total of 369 paper submissions from renowned and budding scholars, academics, and distinguished members of the industry. The topics fanned across various fields involving computing, Internet of Things, data science, and artificial intelligence. Learned scholars from all walks of life assembled under one roof to share their unique, original, and breakthrough researches and paved a new technological path for the world. Many of the studies seek to change the face of the world itself. Their innovative thinking indeed aims to solve several gruesome problems in the field of communication, data science, ambient intelligence, networking, computing, security, and privacy. The authors have strived to render valuable pieces of study in this edition and hope to acquire enthusiastic support from the readers.

Turning the Right Corner

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Author :
Publisher : World Bank Publications
ISBN 13 : 0821398350
Total Pages : 182 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Turning the Right Corner by : Andreas Kopp

Download or read book Turning the Right Corner written by Andreas Kopp and published by World Bank Publications. This book was released on 2013-06-27 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transport provides access to public services for the poor, opens up trade opportunities, and maximizes the benefits of urbanization: the mobility of people and goods drives development. So how can we protect the role of transport in times of scarcer fuels, costly and harmful carbon emissions, and the rising threat of extreme weather events? This is the central question that this book seeks to answer. Turning the Right Corner: Ensuring Development through a Low-Carbon Transport Sector finds that adopting new vehicle technologies and alternative fuels will not be enough to curb greenhouse gas emissions from transport: new patterns of mobility will also be needed. In developing countries where past infrastructure investments have not yet locked in particular transport modes, there is an opportunity to contain emissions by harnessing low-emission modes of transport. The book argues that the transition to low-carbon mobility is not only urgently needed if economies are to avoid becoming locked into high-carbon growth, but is also affordable. It outlines how countries can combine policies to reduce greenhouse gas emissions with broader sector reforms that generate new fiscal resources to finance the transition in addition to carbon financing and international assistance. Turning the Right Corner: Ensuring Development through a Low-Carbon Transport Sector will be of interest to policy makers, academics, and development practitioners with an interest in transport. It will help decision makers better understand how to contain the transport sector's contribution to climate change and protect transport infrastructure and services from severe weather events.

The Arab Spring Five Years Later

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Author :
Publisher : Brookings Institution Press
ISBN 13 : 0815727194
Total Pages : 168 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis The Arab Spring Five Years Later by : Hafez Ghanem

Download or read book The Arab Spring Five Years Later written by Hafez Ghanem and published by Brookings Institution Press. This book was released on 2015-12-29 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dilemma felt by Arab youth was captured in Tunisia by the selfimmolation in 2010 of Mohamed Bouazizi, who was frustrated by restrictions on his small street-vending business. His death became the catalyst for revolts throughout the Middle East. The frustration had been building for some time: large segments of society were denied economic progress, while the middle class was squeezed, and governments had cut back on services and public employment. Since the series of uprisings began, the debate in Arab countries has focused almost exclusively on politics and questions of national identity. However, economic issues are driving the agenda, and real economic grievances must be addressed in order for the many transitions to succeed. Hafez Ghanem gives a thorough assessment of the Arab Spring, beginning with political developments since the revolutions and changes in the legal and institutional frameworks that affect economies. Arab economies grew at healthy rates before the revolts, but the benefits of economic growth were unfairly distributed. The politically connected reaped great benefits, while educated youth could not find decent jobs, and the poor and middle class struggled to make ends meet. Ghanem advises that Arab countries need to adopt new economic policies and programs that enhance inclusiveness, expand the middle class, and foster growth in undeveloped regions. Key elements include strengthening economic institutions, developing small businesses, reforming the education system to better prepare Arab youth for the modern labor market, promoting gender equality with the objective of raising female labor market participation rates, and setting up programs for rural and regional development to reduce inequality and eliminate extreme poverty.