Public Transport Funding Policy in Madrid: Is There Room for Improvement?

@article{Vassallo2009PublicTF,
  title={Public Transport Funding Policy in Madrid: Is There Room for Improvement?},
  author={Jos{\'e} Manuel Vassallo and Pablo P{\'e}rez de Villar and Ramon C Munoz-Raskin and Tom{\'a}s S. Serebrisky},
  journal={Transport Reviews},
  year={2009},
  volume={29},
  pages={261 - 278}
}
Abstract Public transport policy in the Madrid Metropolitan Area is often deemed as a success. In 1985, an important reform was carried out in order to create a new administrative authority to coordinate all public transport modes and establish a single fare for all of them. This reform prompted a huge growth in public transport usage, even though it reduced the funding coverage ratio of the transport system. Since then, Madrid’s public transport system has been undergoing an increasing level… 
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