Liberalizing is not privatizing
The liberalisation of high-speed transport must result not only in lower prices and more seats, but also in more public resources to guarantee the good condition of the tracks.
A recent disaster in Spain has sparked debates on various issues. One of these debates, which can be discussed in an economic context, concerns the liberalization of high-speed rail transport. Some commentators have suggested that this liberalization may have contributed to a lack of investment in safety, which in turn may have played a role in the accident.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.