The evolution of the State’s role In the regulation of land transport

Abstract

For nearly twenty years, the land transport sector of various Latin American countries has been undergoing highly significant institutional changes, both through the participation of the private sector and through the easing of economic regulations, giving rise to new needs for regulation of the market in general and the operating units in particular. The most important changes have taken place in rail and bus transport and in the road transport infrastructure. In the region, these changes took place first of all in Chile and reversed the previous predominance of State intervention associated with a development model which had begun to run out of steam.