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THE MODERNISATION AND FRAGMENTATION OF THE UK'S TRANSPORT INFRASTRUCTURE
Author(s) -
Jupe Robert
Publication year - 2011
Publication title -
financial accountability and management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.661
H-Index - 44
eISSN - 1468-0408
pISSN - 0267-4424
DOI - 10.1111/j.1468-0408.2010.00515.x
Subject(s) - modernization theory , fragmentation (computing) , government (linguistics) , public administration , business , value creation , transport infrastructure , value (mathematics) , economic system , political science , industrial organization , economics , economic growth , engineering , transport engineering , linguistics , philosophy , computer science , operating system , machine learning
This paper focuses on the creation of new organisational structures under New Labour's modernisation approach in three related areas: the creation of Network Rail as a replacement for the failed company, Railtrack, in the privatised rail industry; the part privatisation of National Air Traffic Services; and the part privatisation of the London Underground. In each case, the arguments of the Government and its critics will be examined. The analysis demonstrates that for each new structure the key objectives of risk transfer and value for money have not been achieved, and concludes with implications of the modernisation agenda for public policy.