As such exogenous shocks such as economic crises

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Unformatted text preview: near- and long-term prospects for federal funding don’t affect CHSRA’s “day to day,” but it could impact the private sector’s willingness to pony up funds to help California build its sprawling system, says Barker. “It’s a little bit ironic because there are a lot of people, especially in Congress, saying they want private-sector participation, but private firms right now are seeing volatility and political strife, and that’s not an environment in which the private sector will want to participate,” he says. That’s why it’ll be critical for Congress to create a program to fund high-speed rail on an ongoing basis. And as long as the private sector is confident the federal government will pony up more funds for HSR development, there are plenty of firms interested in securing a stake in California’s project.>> Impact Module: Instability/War Economic decline causes great power wars—multiple studies Royal, Director of Cooperative Threat Reduction at the US Dept. of Defense, 10 [Jedidiah, “Economic Integration, Economic Signaling and the Problem of Ec...
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This note was uploaded on 11/30/2013 for the course PHILOSOPHY 303m taught by Professor Tye during the Fall '12 term at University of Texas at Austin.

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