Bosnia and Herzegovina Railways Policy Note
This Policy Note has been prepared to assist the governments of the Entities in Bosnia and Herzegovina to better understand the current conditions of the railway sector,assess the policy options for modernizing it and help chart a course ahead. Rai...
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Format: | Report |
Language: | English en_US |
Published: |
Washington, DC: World Bank
2016
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Online Access: | http://documents.worldbank.org/curated/en/498441480576323558/Bosnia-and-Herzegovina-Railways-policy-note http://hdl.handle.net/10986/25760 |
Summary: | This Policy Note has been prepared to
assist the governments of the Entities in Bosnia and
Herzegovina to better understand the current conditions of
the railway sector,assess the policy options for modernizing
it and help chart a course ahead. Railway performance is
benchmarked against a number of regional comparator
countries and against the European Union average. The
financial performance of each railway has been examined by
main business sectors (freight, passenger and network
infrastructure) using a railway cost allocation model
developed by the Bank. Sector policies have also been
assessed in terms of budget impact. Public policy decisions
on the railway sector are the prerogative of the governments
ofthe Entities. To help inform their decisions a range of
structural and policy options is presented, their key
features delineated and relative merits discussed. The range
of policy options has been discussed with representatives of
the Entity governments and railways butno endorsement of any
policy option has been given at this stage. The Policy Note
does present the Bank team’s opinions on certain of the
options where this seems warranted but is not intended to be prescriptive. |
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