Will Czech Trains Ever Reach Their Destinations Efficiently?

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F09%3A00065881" target="_blank" >RIV/00216224:14560/09:00065881 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Will Czech Trains Ever Reach Their Destinations Efficiently?
Original language description
Soft budget constraint (SBC) syndrome theory aptly explains the inefficient operations of the Czech railway industry with reference to České Dráhy (CD). The theory states that the existing organizational structures need to be destroyed to bring about creative competition in the Czech railways and that owners' responsibility for their property get affected if they do not have to bear losses. CD's decision makers tried to persuade control authorities to derive the maximum amount of subsidies and state-guaranteed loans, which indicate that the company suffers from the SBC syndrome. CD has founded many daughter companies in the past eight years, which are under no constraint to perform as they treat CD as a big company. Officials in Správa Železniční (SZDC) and CD feel that the state will never let them fail and have incurred huge loan debts.
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Project
<a href="/en/project/GA402%2F08%2F1438" target="_blank" >GA402/08/1438: Competitive advantage and competition within railway transport - chances and limits of economic policy</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2009
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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