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原文传递 Croatia : Railway Policy Note
题名: Croatia : Railway Policy Note
责任者: World Bank
关键词: Roads and Highways;Banks and Banking Reform;Transport Economics Policy and Planning;Railways Transport;Environmental Economics and Policies;Finance and Financial Sector Development;Environment;Transport
学科分类: 交通运输经济
摘要: The note first presents a brief overview of the Croatian railway sector, listing the main challenges that it is currently facing, and identifying the main areas of intervention for the development of a financially sustainable sector, which should guide any thorough sector reform program in the long-run. Sector governance challenges are presented, outlining the sector's high dependency on state support, its organizational weaknesses, and its market distortions. This is followed by more detailed historical analysis of Croatian Railways (HZ) holding's performance, corporate governance issues, and investment needs. The operational and financial performance of each major line of business of HZ holding is assessed, highlighting their competitiveness issues. Following the adoption of the restructuring plan, the Bank team used a global financial model to identify measures that might be necessary to make the system sustainable in the long-run. The team considered a range of optimistic and pessimistic scenarios, which may call for additional measures to be taken to complement the measures laid out in the restructuring plan. The note concludes with the presentation of these scenarios, the targets that should be fixed to business lines in cost-cutting, and actions that the Government might take to ensure that the system is sustainable and to secure the successful integration of the Croatian railway sector into the European Union (EU). It highlights the choices that remain open to the Government in terms of sector spending and financial structuring of its support in a constrained fiscal environment.
出版机构: World Bank
报告类型: 咨询报告
详细地址: http://documents.worldbank.org/curated/en/2013/06/18019128/croatia-railway-policy-note-vol-1-2
资源类型: 科技(咨询、行业)报告
初始创建时间: 2013-06
最新修改时间: 2017-12-13T12:48:11Z
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