Railway Reform in South East Europe and Turkey : On the Right Track?

Monsalve, Carolina

dc.creator	Monsalve, Carolina
dc.date	2012-03-19T10:12:42Z
dc.date	2012-03-19T10:12:42Z
dc.date	2011-03-01
dc.date.accessioned	2023-02-17T20:41:11Z
dc.date.available	2023-02-17T20:41:11Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20110519041442
dc.identifier	http://hdl.handle.net/10986/2753
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/243122
dc.description	The railways of South East Europe and Turkey experienced significant declines in traffic volumes in 2009. This reflected the impact of the international financial crisis unleashed in the last quarter of 2008 and its contractionary impact on the economies of the region and elsewhere. Lower traffic volumes translated in most cases into a serious deterioration of the financial performance of the state-owned railways. This brought home the costs of failing to implement essential reforms to improve the operational and financial performance of the sector when the economy was strong. In Romania in 2010, large-scale layoffs were announced at short notice for the state rail companies. The situation is similar for the Bulgarian state rail incumbents; they face an acute liquidity crisis, and will require additional state aid merely to keep running. The lesson of these events is clear: it is unwise to delay implementing state railway sector reforms during good economic times, because the consequences can be too severe if a financial downturn occurs before those reforms have been taken and properly implemented. This report begins by assessing implementation of the European Union (EU) legal and institutional framework and the state of institutional reform in South East Europe and Turkey. It then turns to a comparative assessment of the operational and financial performance of the rail sector in each of the 10 countries over 2005-2009, comparing the report countries with the EU-27 benchmark and three EU countries, Germany, Poland, and Slovenia. The report then moves on to the issue of rail corridor performance, with a specific focus on improving the institutional and regulatory environment at border-crossing points, before offering some conclusions. The first annex focuses on the performance of the incumbent state-owned railways of South East Europe and Turkey in much greater detail.
dc.language	English
dc.publisher	World Bank
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCOUNTING
dc.subject	AIRPORT
dc.subject	BAC
dc.subject	BLOCK TRAINS
dc.subject	BUS
dc.subject	BUS SERVICES
dc.subject	CAPITAL INVESTMENT
dc.subject	CAPITAL PLANNING
dc.subject	CARS
dc.subject	CEMENT
dc.subject	CENTRALIZED TRAFFIC CONTROL
dc.subject	CONCRETE
dc.subject	CORRIDOR PERFORMANCE
dc.subject	COST RECOVERY RATIO
dc.subject	COST-BENEFIT ANALYSIS
dc.subject	CROSSING
dc.subject	CROSSINGS
dc.subject	CTC
dc.subject	DEBT
dc.subject	DIESEL
dc.subject	DIRECTIVE ON RAILWAY SAFETY
dc.subject	DRIVER LICENSES
dc.subject	DRIVERS
dc.subject	ECONOMIC COOPERATION
dc.subject	EFFICIENT TRANSPORT
dc.subject	EIB
dc.subject	ELECTRONIC DATA
dc.subject	ENVIRONMENTAL PROTECTION
dc.subject	EXTERNALITIES
dc.subject	FARE DISCOUNTS
dc.subject	FARE EVASION
dc.subject	FARES
dc.subject	FINANCE MINISTRIES
dc.subject	FINANCIAL INSTITUTION
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCIAL PERFORMANCE
dc.subject	FINANCIAL STABILITY
dc.subject	FREIGHT
dc.subject	FREIGHT CUSTOMERS
dc.subject	FREIGHT FLOWS
dc.subject	FREIGHT OPERATOR
dc.subject	FREIGHT RAIL
dc.subject	FREIGHT SERVICES
dc.subject	FREIGHT TRAFFIC
dc.subject	FREIGHT TRAINS
dc.subject	FREIGHT TRANSPORT
dc.subject	GRADIENTS
dc.subject	GRAVEL
dc.subject	GREENHOUSE GAS
dc.subject	GREENHOUSE GAS EMISSIONS
dc.subject	HIGH SPEED RAIL
dc.subject	HOLDING COMPANIES
dc.subject	INCOME
dc.subject	INCOME STATEMENTS
dc.subject	INFORMATION TECHNOLOGY
dc.subject	INFRASTRUCTURE CAPACITY
dc.subject	INFRASTRUCTURE CHARGES
dc.subject	INFRASTRUCTURE CHARGING
dc.subject	INFRASTRUCTURE COSTS
dc.subject	INFRASTRUCTURE DEVELOPMENT
dc.subject	INTERNATIONAL ACCOUNTING STANDARDS
dc.subject	INTERNATIONAL PASSENGER TRANSPORT
dc.subject	INTERNATIONAL RAIL
dc.subject	INTERNATIONAL TRANSPORT
dc.subject	JOINT VENTURES
dc.subject	LABOR COSTS
dc.subject	LAND TRANSPORT
dc.subject	LAWS
dc.subject	LEGAL FRAMEWORK
dc.subject	LEGAL PROVISIONS
dc.subject	LEGISLATION
dc.subject	LICENSE
dc.subject	LOCOMOTIVE
dc.subject	LOCOMOTIVES
dc.subject	LOWER TRAFFIC VOLUMES
dc.subject	MANAGEMENT SERVICES
dc.subject	MINISTRY OF TRANSPORT
dc.subject	MOBILITY
dc.subject	MODAL SHARE
dc.subject	MODES OF TRANSPORT
dc.subject	MONIES
dc.subject	NATIONAL RAILWAY
dc.subject	NEW ENTRANTS
dc.subject	OPERATING COSTS
dc.subject	PASSENGER RAIL
dc.subject	PASSENGER RIGHTS
dc.subject	PASSENGER SERVICE
dc.subject	PASSENGER SERVICES
dc.subject	PASSENGER STATIONS
dc.subject	PASSENGER TRAFFIC
dc.subject	PASSENGER TRAINS
dc.subject	PASSENGERS
dc.subject	PEER REVIEW
dc.subject	PHOTO
dc.subject	POLICE
dc.subject	POLLUTION
dc.subject	PORTS
dc.subject	PPP
dc.subject	PRIVATE PARTNERSHIP
dc.subject	PRODUCTIVITY
dc.subject	PSO
dc.subject	PUBLIC POLICY
dc.subject	PUBLIC SERVICE OBLIGATION
dc.subject	PUBLIC WORKS
dc.subject	RADIO
dc.subject	RADIO FREQUENCY
dc.subject	RADIO FREQUENCY IDENTIFICATION
dc.subject	RAIL
dc.subject	RAIL ASSETS
dc.subject	RAIL COMPANIES
dc.subject	RAIL COMPANY
dc.subject	RAIL CORRIDOR
dc.subject	RAIL CORRIDORS
dc.subject	RAIL DIRECTIVES
dc.subject	RAIL FREIGHT
dc.subject	RAIL FREIGHT MARKET
dc.subject	RAIL FREIGHT NETWORK
dc.subject	RAIL FREIGHT OPERATORS
dc.subject	RAIL FREIGHT TRANSPORT
dc.subject	RAIL INFRASTRUCTURE
dc.subject	RAIL INFRASTRUCTURE DEVELOPMENT
dc.subject	RAIL INFRASTRUCTURE MANAGERS
dc.subject	RAIL MARKET
dc.subject	RAIL MARKETS
dc.subject	RAIL NETWORK
dc.subject	RAIL NETWORKS
dc.subject	RAIL OPERATOR
dc.subject	RAIL OPERATORS
dc.subject	RAIL PACKAGE
dc.subject	RAIL PASSENGER
dc.subject	RAIL PASSENGERS
dc.subject	RAIL SAFETY
dc.subject	RAIL SECTOR
dc.subject	RAIL SECTORS
dc.subject	RAIL SERVICE
dc.subject	RAIL SERVICES
dc.subject	RAIL SPACE
dc.subject	RAIL SYSTEM
dc.subject	RAIL TRAFFIC
dc.subject	RAIL TRAFFIC DENSITY
dc.subject	RAIL TRANSIT
dc.subject	RAIL TRANSPORT
dc.subject	RAIL TRANSPORT SERVICES
dc.subject	RAILROAD
dc.subject	RAILWAY
dc.subject	RAILWAY ACTIVITIES
dc.subject	RAILWAY AGENCY
dc.subject	RAILWAY AREA
dc.subject	RAILWAY AUTHORITY
dc.subject	RAILWAY COMPANIES
dc.subject	RAILWAY COMPANY
dc.subject	RAILWAY INDUSTRY
dc.subject	RAILWAY INFRASTRUCTURE
dc.subject	RAILWAY MANAGEMENT
dc.subject	RAILWAY MARKET
dc.subject	RAILWAY NETWORK
dc.subject	RAILWAY NETWORKS
dc.subject	RAILWAY OPERATIONS
dc.subject	RAILWAY OPERATORS
dc.subject	RAILWAY PACKAGE
dc.subject	RAILWAY REFORM
dc.subject	RAILWAY REFORMS
dc.subject	RAILWAY SECTOR
dc.subject	RAILWAY SYSTEM
dc.subject	RAILWAY TRACK
dc.subject	RAILWAY TRANSPORT
dc.subject	RAILWAY UNDERTAKINGS
dc.subject	RAILWAYS
dc.subject	RAILWAYS INFRASTRUCTURE
dc.subject	REGIONAL RAIL SERVICES
dc.subject	REGIONAL TRANSPORT
dc.subject	REGULATORY ENVIRONMENT
dc.subject	RFID
dc.subject	ROAD INFRASTRUCTURE
dc.subject	ROAD SECTOR
dc.subject	ROAD TRANSPORT
dc.subject	ROLLING STOCK
dc.subject	ROUTE
dc.subject	ROUTES
dc.subject	SAFETY
dc.subject	SAND
dc.subject	SERVICE CONTRACT
dc.subject	SERVICE CONTRACTS
dc.subject	SPEED
dc.subject	SPEEDS
dc.subject	STANDARD CONTRACT
dc.subject	STEEL
dc.subject	STRUCTURES
dc.subject	SUPERVISORY AUTHORITIES
dc.subject	TAX
dc.subject	TECHNICAL COOPERATION
dc.subject	TELECOMMUNICATION
dc.subject	TELEPHONE
dc.subject	TIMBER
dc.subject	TRACK
dc.subject	TRACKS
dc.subject	TRADE FLOWS
dc.subject	TRADE UNIONS
dc.subject	TRAFFIC
dc.subject	TRAFFIC ACCIDENTS
dc.subject	TRAFFIC CONGESTION
dc.subject	TRAFFIC CONTROL
dc.subject	TRAFFIC DENSITY
dc.subject	TRAFFIC DEVELOPMENTS
dc.subject	TRAFFIC GROWTH
dc.subject	TRAFFIC LEVELS
dc.subject	TRAFFIC MANAGEMENT
dc.subject	TRAFFIC SAFETY
dc.subject	TRAFFIC UNITS
dc.subject	TRAFFIC VOLUME
dc.subject	TRAFFIC VOLUMES
dc.subject	TRAIN DRIVERS
dc.subject	TRAIN LENGTH
dc.subject	TRAIN OPERATORS
dc.subject	TRANSIT
dc.subject	TRANSPARENCY
dc.subject	TRANSPORT
dc.subject	TRANSPORT ACTIVITIES
dc.subject	TRANSPORT COMMUNITY
dc.subject	TRANSPORT DEMAND
dc.subject	TRANSPORT MARKET
dc.subject	TRANSPORT MODES
dc.subject	TRANSPORT NETWORK
dc.subject	TRANSPORT OF GOODS
dc.subject	TRANSPORT OPERATIONS
dc.subject	TRANSPORT POLICY
dc.subject	TRANSPORT SERVICES
dc.subject	TRANSPORT SYSTEMS
dc.subject	TRANSPORTATION
dc.subject	TRANSPORTATION SERVICES
dc.subject	TRAVEL TIME
dc.subject	TRIP
dc.subject	TRUCKS
dc.subject	VEHICLES
dc.subject	WAGONS
dc.title	Railway Reform in South East Europe and Turkey : On the Right Track?
dc.type	Economic & Sector Work :: Other Infrastructure Study
dc.coverage	Europe and Central Asia
dc.coverage	Southeastern Europe
dc.coverage	Turkey