Tom Hart, Honorary Research Fellow, Dept. of Economic & Social History, University of Glasgow.
This article reviews trends in the transport policy framework and concludes that the 21st century is likely to see major changes from previous practice to ensure a better match of transport policies with implementation and monitoring. A substantial continuing role for competition is seen but with a rise of competition ‘for’ rather than ‘in’ markets for local and regional transport along with further developments in the transparency of transport accounting and a transformed approach to road pricing. The relationships between competition, monopoly, regulation and fiscal/pricing policies are seen as entering a new phase in the UK, the EU and more widely.