PERESTROIKA FOR U.S. HIGHWAYS: A BOLD NEW POLICY FOR MANAGING ROADS FOR A FREE SOCIETY

Highway officials reckon that over $300 billion are required to make good the deterioration of roads and bridges, and that further sums will be needed to increase capacity to reduce congestion, especially in expanding suburban areas. With the Highway Trust Fund Program due to expire in September 1991, Americans are understandably concerned about the future of their highway systems. Although current discussion focuses on the sources for the required funding, more funding will not solve the "infrastructure crisis". As in Eastern Europe, there is a need to get away from the discredited "command economy" methods, and to use those of the market economy to improve and increase road capacity in the United States. Policy makers nationwide must be innovative and enable the private sector to apply to highways its ownership, pricing, and financing tools. This paper examines the problems with the current policy for managing roads in the U.S. and makes recommendations for improved highway management. These recommendations, if implemented, would enable public authorities to introduce to the highway sector business-oriented methods that are successfully used to manage commercial and industrial activities. But where political constraints prevent the public sector from using these methods, laws and funding methods should be changed to allow the private sector to proceed with projects, using these proven methods, at its own risk and expense.

  • Record URL:
  • Corporate Authors:

    Reason Foundation

    2716 Ocean Park Boulevard
    Santa Monica, CA  United States  90405
  • Authors:
    • Roth, G
  • Publication Date: 1990-11

Media Info

  • Features: Figures; Tables;
  • Pagination: 44 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00618748
  • Record Type: Publication
  • Report/Paper Numbers: No. 125
  • Files: TRIS
  • Created Date: Jan 31 1992 12:00AM