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The privatisation of the railways is a topical issue. Many countries are launching privatisation programmeswith a view to reducing the operating deficits of the railways, notably by making them more competitive. However, at a time of high-speed trains, traffic congestion and concern over the environment, not everybody agrees on the merits of privatisation. This Round Table clarifies the issues, analyses a number of examples, and defines the potential obstacles to privatisation. It shows the difficulties inherent in such projects, and the scope for implementing them.

Transport --- Railroads and state --- Railroads --- Deregulation --- Privatization

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Railroads --- Economic aspects --- Employees --- Management

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Railroads --- Chemins de fer --- Transports ferroviaires --- Passenger traffic --- Voyageurs --- Railroads - European Economic Community countries - Passenger traffic

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The privatisation of the railways is a topical issue. Many countries are launching privatisation programmeswith a view to reducing the operating deficits of the railways, notably by making them more competitive. However, at a time of high-speed trains, traffic congestion and concern over the environment, not everybody agrees on the merits of privatisation. This Round Table clarifies the issues, analyses a number of examples, and defines the potential obstacles to privatisation. It shows the difficulties inherent in such projects, and the scope for implementing them.

Transport --- Railroads and state --- Railroads --- Business & Economics --- Transportation Economics --- Deregulation --- Privatization

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Railway traffic --- Photography --- railroad stations --- headhouses --- railroads [infrastructure] --- Belgium