Regulating Water Services : Sending the Right Signals to Utilities in Chile
During the 1980s and 1990s the Chilean water and sanitation sector underwent deep reforms so that private capital could finance the huge investments needed to achieve universal service. The regulatory framework put into place cleared the way for ma...
| Main Authors: | , |
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| Format: | Viewpoint |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2005/03/5741979/regulating-water-services-sending-right-signals-utilities-chile http://hdl.handle.net/10986/11229 |
| Summary: | During the 1980s and 1990s the Chilean
water and sanitation sector underwent deep reforms so that
private capital could finance the huge investments needed to
achieve universal service. The regulatory framework put into
place cleared the way for massive private equity. But users
have also paid the price of transforming the heavily
subsidized sector into a self-sustaining industry able to
provide universal coverage. This Note examines key features
of the new regulatory scheme that have contributed to the
sustainability of the reforms: a phased approach, an
efficient pricing policy and methodology, and expert panels
to deal with conflict resolution. |
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