The Czech Ministry of Transport views the countrys dominant railway company as a profit-seeking state monopoly that benefits the public, but economists view the firm as wasteful and the railway industry as noncompetitive. Most economists have been reluctant, however, to recommend a reform essential to fostering competition and efficiency in the railway industrynamely, ending its support from government subsidies.
Will Czech Trains Ever Reach Their Destinations Efficiently?
This
article appeared in
the Fall 2009 issue of The Independent Review.