Some people argue that the government must to allocate budget on a high-speed train technology. On the other side, others reckon the budget should be optimized for current mass transportation development. Although many countries are competing each other for high-tech innovation, I believe that it is urgently required for the authority to prioritize first the improvement of existing public transportation network.
On the first side, almost all the developed nations have their owned high-speed train technology. The majority of this sophisticated tech has been serving each citizens for long distance mobilization with the least amount of time. Obviously, the Shinkansen trains which have been developed continuously by Japan has proofing the optimum benefits for the Japanese mobility as well as attracting the foreign tourist to enjoy the sensation of extremely high-speed movement across the Japan archipelago. To sum up, the government that has developed this sort of transportation mode fully consider that the high-speed train might give extensive positive benefits for the national economic growth.
However, there are the opponents of the notion of high-speed train modernization. As shown in developing countries, they are still struggling to improve both the quantity and the quality of their mass transportation facilities. Less likely with developed economies, many developing nations has no adequate fiscal capacity to fully make an expenditure to this capital heavy project. Consequently, they attempt for seeking the foreign aid which is common accompanied by high rate of interest. As long term consequences, this phenomenon would exacerbate the fiscal capacity of the government to accommodate the other infrastructure projects which in fact have far more crucial for the betterment of social needs.
Take the high-speed trains conducted by the Government of Indonesia as excellence example. Indeed, this China supported mega project which connects Jakarta and Bandung possibly could decrease the mobility time significantly, then boosting the economic activity in number of regions where the train will pass by. Nevertheless, particularly in the developing countries context, the authority is typically lack of fiscal and also human resources capacities which probably would undermine the budget efficiency and effectiveness which definitely may be maximized to the more productive projects like the mass rapid transport improvement.
At the end of the day, the high-level decision maker has to established the priority for budget spending. Instead of developing costly high-speed trains, it is more appropriate for each government to formulate fiscal policy that supports the existing mass transportation networks that need to be well established and connected.
Some
people
argue that the
government
must to
allocate
budget
on a
high-speed
train
technology. On the
other
side, others reckon the
budget
should
be optimized
for
current
mass
transportation
development. Although
many
countries are competing each
other
for high-tech innovation, I believe that it is
urgently
required for the authority to prioritize
first
the improvement of existing public
transportation
network.
On the
first
side, almost all the
developed
nations have their
owned
high-speed
train
technology. The majority of this sophisticated tech has been serving each
citizens
for long distance mobilization with the least amount of time.
Obviously
, the
Shinkansen
trains
which have been
developed
continuously
by Japan has proofing the optimum benefits for the Japanese mobility
as well
as attracting the foreign tourist to enjoy the sensation of
extremely
high-speed
movement across the Japan archipelago. To sum up, the
government
that has
developed
this sort of
transportation
mode
fully
consider that the
high-speed
train
might give extensive
positive
benefits for the national economic growth.
However
, there are the opponents of the notion of
high-speed
train
modernization. As shown in
developing
countries, they are
still
struggling to
improve
both the quantity and the quality of their
mass
transportation
facilities. Less likely with
developed
economies,
many
developing
nations has no adequate
fiscal
capacity to
fully
make
an expenditure to this capital heavy
project
.
Consequently
, they attempt for seeking the foreign aid which is common accompanied by high rate of interest. As long term consequences, this phenomenon would exacerbate the
fiscal
capacity of the
government
to accommodate the
other
infrastructure
projects
which in fact have far more crucial for the betterment of social needs.
Take the
high-speed
trains
conducted by the
Government
of Indonesia as excellence example.
Indeed
, this China supported mega
project
which connects Jakarta and Bandung
possibly
could decrease the mobility time
significantly
, then boosting the economic activity in number of regions where the
train
will pass by.
Nevertheless
,
particularly
in the
developing
countries
context, the authority is
typically
lack of
fiscal
and
also
human resources capacities which
probably
would undermine the
budget
efficiency and effectiveness which definitely may
be maximized
to the more productive
projects
like the
mass
rapid transport improvement.
At the
end
of the day, the high-level decision maker has
to established
the priority for
budget
spending.
Instead
of
developing
costly
high-speed
trains
, it is more appropriate for each
government
to formulate
fiscal
policy that supports the existing
mass
transportation
networks that need to be well established and connected.