Title: Earmarking, road funds and toll roads : a World Bank symposium
Abstract:Earmarking is the dedication or hypothecation of a specific government revenue to a specific public expenditure. Road funds represent one form of earmarking and toll roads offer the potential for earm...Earmarking is the dedication or hypothecation of a specific government revenue to a specific public expenditure. Road funds represent one form of earmarking and toll roads offer the potential for earmarking; this feature is the reason why the two concepts were dealt with in the same seminar. This report starts with discussions of principals of earmarking in general and then of toll roads more specifically, leading to conclusions on what can be expected through the imposition of road funds and tolls on roads, and thus, whether and when such schemes are desirable. The report continues with case studies on experiences in the United States and in selected developing countries; the experiences largly corroborate predictions derived from the principles.Read More
Publication Year: 1989
Publication Date: 1989-06-30
Language: en
Type: article
Access and Citation
Cited By Count: 7
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot