Charges for local infrastructure

Investigates the feasibility of new ways of financing infrastructure in Britain. It draws on the useful insights provided by the North American experience where charges for infrastructure are currently in use. In Britain the situation is somewhat confused, there being little use of explicit charges, but an increasing, although sporadic, use of a hybrid payment. This combines an infrastructure charge with a local tax on the rise in land values arising from the granting of planning permission. Equity and efficiency aspects are considered, while arguing the case for an explicit infrastructure charge.