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 | | Until the 1980s, transport infrastructure (rights of way, track, terminals and associated traffic management) in developing countries was primarily provided by the public sector, for all modes of transportation (road, rail, air, maritime and inland water) and at all levels (international, national, regional and local, both urban and rural). |
 | | In transport “service” provision (conveyance of passengers and freight), railways were usually a public sector monopoly, while in air and maritime transport national “flag carriers” were also usually in the public sector. |
 | | Bank financing of transport vehicle fleets has been decreasing as the Bank has concentrated on assisting the transfer of enterprises from the public to the private sector (as in the case of buses in Barbados) and in reducing the constraints on private initiative (as in the case of the Mexican trucking industry). |
| www.worldbank.org /transport/pol_econ/tsr_docs/link2.doc (2265 words) |
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