Abstract:
Sri Lanka observes 100 years of bus passenger transport in 2007. During this period the country has seen
different forms of service providers ranging from private sector monopolies to state sector monopolies. It
also has seen several changes in state policy ranging from welfare orientated service provision to entire
market determined without any regulation. The existing regulated mixed competition is also characterized
by poorly equipped regulators. In conclusion, the paper traces the different stages of failure that
have led to the poor quality of bus transport services existing at present
Citation:
Kumarage, A. S., & Jayaratne, M. D. R. P. (2008). Lessons in ownership, regulation and management from 100 years of bus transport in Sri Lanka. Research in Transportation Economics, 22(1), 109–117. https://doi.org/10.1016/j.retrec.2008.05.025
