Title

Strategic Development of Airport and Rail Infrastructure: The Case of Singapore

Publication Type

Journal Article

Publication Date

2003

Abstract

This article recounts how a number of strategic infrastructure investment decisions in airport and rail development taken by the Singapore government were at variance with recommendations emerging from cost-benefit analysis, but were considered necessary to support external competitiveness. This link between infrastructure provision and economic development may require decision makers to assess the trade-off between prudent macro-economic planning and efficient micro-economic management for major projects. In the case of airport hubs, the most difficult assessment might be the game consideration of how much, and how far ahead, excess capacity is needed to ensure the dominance of the hub.

Discipline

Growth and Development

Research Areas

Macroeconomics

Publication

Transport Policy

Volume

10

Issue

1

First Page

27-33

ISSN

0967-070X

Identifier

10.1016/s0967-070x(02)00027-6