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Evolutionary change? An evaluation of the McNulty report on rail

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  • Robert Jupe

Abstract

This article examines a major UK value-for-money study by Sir Roy McNulty in the context of the neoliberal public policy environment. This environment favoured rail's privatization, and subsequent reform attempts, which maintained the privatization model, have done little to address rail's fundamental problems. McNulty's proposals are examined in terms of their likely effects on the infrastructure authority and the train companies. The article concludes that, although McNulty correctly identified fragmentation as a key cause of rail's cost escalation, and noted the less fragmented nature of other European railways, its neoliberal focus meant that it missed the opportunity to reverse the process.

Suggested Citation

  • Robert Jupe, 2012. "Evolutionary change? An evaluation of the McNulty report on rail," Public Money & Management, Taylor & Francis Journals, vol. 32(3), pages 177-184, May.
  • Handle: RePEc:taf:pubmmg:v:32:y:2012:i:3:p:177-184
    DOI: 10.1080/09540962.2012.676274
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    References listed on IDEAS

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    1. Gourvish, Terry, 2002. "British Rail 1974-1997: From Integration to Privatisation," OUP Catalogue, Oxford University Press, number 9780199250059.
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    Cited by:

    1. Haines-Doran, Tom, 2022. "Critical accounting scholarship and social movements: The case of rail privatisation in Britain," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 86(C).
    2. McCartney, S. & Stittle, J., 2017. "‘A Very Costly Industry’: The cost of Britain’s privatised railway," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 49(C), pages 1-17.

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