Infrastructure Finance

  • Freeway ramps viewed from underneath, against a blue sky.

    Journal Article

    Renewing America's Infrastructure: An Agenda for Federal Transportation and Water Policy

    This paper addresses policies that promote and deter investment in and maintenance of U.S. transportation and water infrastructure.

    Aug 21, 2018

  • Steel beams on the draw span, which needs replacement, are shown on the Arlington Memorial Bridge in Washington, U.S., June 20, 2016

    Commentary

    The Long Game on Infrastructure

    The Trump administration recently announced its Legislative Outline for Rebuilding Infrastructure in America. With its lack of new federal funding, the plan may not be the best path to fixing America's most serious regional, national, and long-term problems.

    Feb 20, 2018

  • U.S. President Donald Trump applauds in front of Vice President Mike Pence and Speaker Paul Ryan during his first State of the Union address in Washington, January 30, 2018

    Blog

    Trump's First State of the Union: Insights from RAND

    RAND research, analysis, and expertise provide context for the issues discussed in the president's first State of the Union address, including infrastructure, North Korea, and opioids.

    Jan 31, 2018

  • The so called "Great Wall of Louisiana", a 1.8-mile long concrete wall located east of downtown New Orleans, United States, is seen from the air August 19, 2015

    Multimedia

    Fixing What's Broken with Infrastructure Policy: Options for Congress

    An infrastructure bill is on the agenda for Congress, but what problems would it fix? In this RAND Congressional Briefing, Debra Knopman discusses policies that promote and deter investment and maintenance of water and transportation infrastructure.

    Jan 24, 2018

  • The Colorado Aqueduct near the Iron Mountain Pumping Plant in Earp, California, April 16, 2015

    Commentary

    How Federal Policy Could Help Water and Wastewater Utilities

    A targeted approach could help the federal government address the root causes of infrastructure problems more effectively than a spending initiative that simply spreads money around with the hope that more spending might do some good.

    Jan 16, 2018

  • Road bridge over Narragansett Bay, Newport County, Rhode Island, USA

    Research Brief

    Fixing U.S. Infrastructure's Ills Requires an Accurate Diagnosis

    This brief examines how the federal government can better promote investment in and maintenance of U.S. transportation and water infrastructure.

    Dec 5, 2017

  • Chickamauga Lock and Dam, near Chattanooga, Tennessee

    Report

    Not Everything Is Broken with U.S. Transportation and Water Infrastructure

    Transportation and water infrastructure funding and finance in the United States are not nearly as dire as some believe. But a national consensus on infrastructure priorities, accompanied by targeted spending and selected policy changes, is needed.

    Dec 5, 2017

  • News Release

    Not Everything Is Broken with U.S. Transportation and Water Infrastructure; Improved Targeted Strategies Needed to Fix ...

    Transportation and water infrastructure funding and finance in the United States are not nearly as dire as some believe, but a national consensus on infrastructure priorities, accompanied by targeted spending and selected policy changes, is needed.

    Dec 5, 2017

  • A container is loaded on to the first Chinese container ship to depart after the inauguration of the China Pakistan Economic Corridor port in Gwadar, Pakistan November 13, 2016

    Commentary

    China's Field of Dreams in Pakistan

    China is four years into joint planning and construction of the China-Pakistan Economic Corridor, a vast economic development package. Beneath the surface, Beijing is testing a new “build it and they will come” model for delivering economic development and foreign aid.

    Oct 16, 2017

  • Chinese President Xi Jinping speaks during a briefing on the final day of the Belt and Road Forum, at the Yanqi Lake International Conference Centre, north of Beijing, China May 15, 2017.

    Commentary

    The Driving Force Behind China's Ambitious 'Belt and Road Initiative'

    By committing trillions of dollars to infrastructure projects across 60 countries, China could transform the lagging economies of the region and place itself in the enviable position of being Asia's true pivot. But the new Silk Road blueprint presents risks as well as benefits.

    May 30, 2017

  • An unfinished monorail project in Sao Paulo, Brazil, March 3, 2016

    Commentary

    Regulating Infrastructures in the Tropics

    Regulation helps address the demands of investors who are seeking assurances that their investments are safe, while also reassuring democratically elected governments. Regulatory reform could help Brazil attract more private investment in its infrastructure.

    May 26, 2017

  • Report

    Regulation of logistics infrastructure in Brazil

    This report deals with the regulation of logistics infrastructures in Brazil, focusing in particular on the federal level. Brazil, one of the key emerging economies in the world, has a particular need for developing logistics infrastructures.

    May 8, 2017

  • Flags and signs warn drivers about lane closures along Pacific Coast Highway near San Francisco, California

    Commentary

    Rebuilding America's Infrastructure in the Trump Era

    Policymakers generally agree on the need to rebuild America's infrastructure. But the country is far behind in this area. Why? Transportation projects take time and money. And it's hard to predict how a project will affect its surroundings.

    Nov 14, 2016

  • The Olympic park in Rio de Janeiro, Brazil, August 2, 2016

    Commentary

    The Olympic Legacy — What Can Rio Learn?

    Rio will spend $14.4 billion on the Olympics. Like other host cities, it hopes to achieve an “Olympic legacy” to ensure that this investment pays dividends after the games and provides long-term economic, social, sporting, and cultural benefits.

    Aug 3, 2016

  • Los Angeles freeway

    Commentary

    Pay as You Go

    Using vehicle miles traveled as a means of distributing the cost of maintaining America's roads and bridges may not be the only answer. But it represents the kind of innovative thinking that is necessary when this sector of the American transportation infrastructure is desperately in need of a fix.

    Jul 22, 2015

  • Vehicles driving toward Mt. Hood in Oregon

    Commentary

    How to Improve Oregon's Mileage-Fee Experiment

    Oregon is rolling out the nation's first large-scale pilot to examine switching to a mileage fee instead of the gas tax. The trial is a welcome next step toward understanding how mileage fees can be deployed.

    Jul 7, 2015

  • Flood waters from Hurricane Isaac partially submerge homes in Lafitte, Louisiana neighborhoods in August 2012

    Commentary

    Future of Coastal Flooding

    President Obama's executive order that directs federal agencies to plan and build for higher flood levels as they construct new projects in flood-prone regions will affect hundreds of billions of dollars of future public works projects. In an ideal world, planners would estimate the benefits and costs for each project, taking into account everything from the details of the local landscape to the potential for adaptive responses over time.

    Feb 25, 2015

  • A bulldozer is parked in the Queens borough of New York where a concrete foundation is all that remains of a house that burned to the ground during Superstorm Sandy in October 2012

    Report

    Lessons Learned from Implementing Infrastructure Resilience Guidelines

    The Presidential Hurricane Sandy Rebuilding Task Force developed guidelines to ensure that federal agencies incorporate key principles of resilience into their formulation, evaluation, and prioritization of infrastructure investments related to Sandy rebuilding. An initial assessment of the implementation of the guidelines identifies opportunities and challenges.

    Dec 9, 2014

  • Russia's Prime Minister Medvedev and President Putin attend a meeting with members of the Russian Parliament in Yalta, Crimea, August 14, 2014

    Commentary

    Crimean Adventure Will Cost Russia Dearly

    Moscow may have overreached, as it appears ill-prepared to come up with the necessary funds to cover Crimea-related costs. Infrastructure improvements, development aid, government operations, and other costs will be a multi-billion drain — as much as $4.5 billion per year — on Russia's already strained budget.

    Sep 8, 2014

  • Chinese Premier Li Keqiang (2nd R) and Kenyan President Uhuru Kenyatta (R) walk as they arrive to the site of previously burnt ivory, in Nairobi National Park May 10, 2014

    Commentary

    In Africa: U.S. Promotes Security, China Does Business

    Africans require both security and economic growth. Global powers like China and the United States do not need to choose between the two when focusing their foreign policy efforts.

    May 31, 2014