Home > DocuBase > Article

« All DocuBase Articles

 

Follow DocuTicker on Twitter Bookmark and Share   Feed

Wednesday, 21st August 2013

UK: The High-speed Gravy Train

Source: Institute of Economic Affairs (UK)

From Summary:

The decision to build High Speed 2 is not justified by an analysis of the costs and benefits of the scheme. Even the government’s own figures suggest that HS2 represents poor value for money compared with alternative investments in transport infrastructure.
Ministers appear to have disregarded the economic evidence and have chosen to proceed with the project for political reasons. An analysis of the incentives facing transport policymakers provides plausible explanations for their tendency to favour a low-return, high-risk project over high-return, low-risk alternatives.

A group of powerful special interests appears to have had a disproportionate influence on the government’s decision to build HS2. The high-speed-rail lobby includes engineering firms likely to receive contracts to build the infrastructure and trains for HS2, as well as senior officials of the local authorities and transport bureaucracies that expect to benefit from the new line.

An effective lobbying campaign in favour of HS2 was initiated and funded by concentrated interests expecting to make economic gains from the project. This effort appears to have been effective at marshalling support for the scheme among policymakers.
‘Vote buying’ incentives were also important in building political support for a high-speed line. The policy was initially adopted partly as a response to local opposition to Heathrow expansion.

The main losers from HS2 - the taxpayers in every part of the UK who will be forced to fund it - are highly dispersed, and therefore have weak incentives to actively oppose it. By contrast, members of communities along the route, where losses are concentrated, have had very strong incentives to campaign. This pattern of activity has enabled the debate to be misleadingly framed in the media in terms of local objections versus national economic benefits.

+ Direct link to document (PDF; 745 KB)

+ Summary

+ Press Release


Category:

Source:

Views: 1213


Having begun his career in academic libraries, Adrian Janes has subsequently worked extensively in public libraries, chiefly in enquiry work as an Information Services librarian. In this role he has had particular responsibility for information from both the UK Government and the European Union. He wrote a detailed report on sources for the latter which was published by FreePint in 2007, and has contributed articles to FreePint and ResourceShelf. He is involved in training in information literacy and the use of online reference resources.

A Contributing Editor to DocuTicker, he also write reviews for Pennyblackmusic.

Adrian can be reached at adrian.janes@freepint.com

More articles by Adrian Janes »



Please note: DocuTicker's editors collect citations for full-text PDF reports freely available on the web but we do not archive these reports. When you click a link to find and/or download the report, you are leaving the DocuTicker site. DocuTicker makes no representations regarding the ongoing availability of any report or any external resource. Links were accurate as of the date of posting.

« All DocuBase Articles

 

FreePint

FreePint supports the value of information in the enterprise. Read more »


FeedLatest FreePint Content:


  • Click to view the article How To Increase User Engagement With Knowledge Tools
    Friday, 19th September 2014

    One of the many things that information and knowledge professionals can be tasked with is encouraging and developing user engagement with knowledge tools. This can be a thankless task given the complexity of both the organisations that users work in and the tools that organisations provide. James Mullan examines how information and knowledge managers can encourage use of the knowledge tools for which they're responsible.

  • Click to view the article Product Update of Compliance Catalyst
    Thursday, 18th September 2014

    Chris Porter catches up with some of the latest developments in the Compliance Catalyst service from Bureau van Dijk (BvD) and highlights key changes since FreePint's full review in August 2013. Compliance Catalyst is a workflow application that helps organisations to take an informed, risk-based decision on whether to accept a potential new customer, supplier or other business partner. BvD has made numerous enhancements to the content and functionality of the service, driven by customer feedback.

  • Click to view the article Product Review of Factiva Companies & Executives (Introduction; Contact Details)
    Tuesday, 16th September 2014

    Chris Porter looks at the Companies & Executives component of the Dow Jones Factiva service. This component contains data and tools relating to companies, executives and industries. It was previously sold separately, but is now fully integrated into the main Factiva product. Factiva Companies & Executives is aimed at researchers and analysts in information-intensive organisations, as well as those involved in sales and business development. In the first part of the review Chris introduces the product and company and provides contact details.

  • ... more ...

All FreePint Content »
FreePint Topics »


A FreePint Subscription delivers articles and reports that support your organisation's information practice, content and strategy.

Find out more and order a FreePint Subscription by visiting the
completing our online form: Subscription Order page.


FreePint Testimonials

"FreePint is the only industry publication for information professionals and it covers most of the things that an information professional ..."

Read more testimonials and supply yours »







 

 
 
 

Subscribe

Receive the DocuTicker Newsletter each week.

Find out more »

Article Categories

All Article Categories »

Sources

All DocuBase Sources »

Source Categories

All Source Categories »

Archive

All Archives »