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={J. Vassallo and Pablo P{\'e}rez de Villar and Ramon C Munoz-Raskin and Tom{\'a}s Serebrisky},
  journal={Transport Reviews},
  year={2009},
  volume={29},
  pages={261 - 278}
}
  • J. Vassallo, Pablo Pérez de Villar, +1 author Tomás Serebrisky
  • Published 2009
  • Business
  • Transport Reviews
  • 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… CONTINUE READING
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