bcg.perspectives - The 2015 European Railway Performance Index

bcg.perspectives - The 2015 European Railway Performance Index
For national railway systems in Europe, public subsidies provide essential funds to support infrastructure maintenance and passenger and freight operations. Some countries allocate the lion’s share of public subsidies to either infrastructure managers or train-operating companies, while others allocate subsidies relatively evenly between these organizations. The use of different approaches throughout Europe raises a critical question: does the model for allocating public subsidies matter to a railway system’s performance?