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recordtype oai_dc
spelling okr-10986-115992021-04-23T14:02:56Z Getting the Private Sector Involved in Water : What to Do in the Poorest of Countries? Brook Cowen, Penelope J. POVERTY WATER PRIVATE SECTOR PROFITS CONCESSIONS RISK CONTRACTS INFORMATION DEVELOPING COUNTRIES GOVERNMENT REGULATION PRICE POLICY MANAGEMENT CONTRACTS PREDICTABILITY ADMINISTRATIVE CAPACITY COLLECTION SYSTEMS COST RECOVERY CUBIC METER INFORMATION PROBLEMS INVESTMENT REQUIREMENTS MONOPOLY POWER PERFECT INFORMATION PERFORMANCE INDICATORS PHYSICAL LEAKS PIPED WATER POTABLE WATER PRIVATE COMPANIES PRIVATE PARTICIPATION PRIVATE PARTICIPATION IN WATER PRIVATE SECTOR PRODUCTIVITY PUBLIC WATER REGULATORY AGENCIES REGULATORY CAPACITY REGULATORY FRAMEWORKS SANITATION SERVICES SEWERAGE SERVICES TOWNS WATER COMPANY WATER SECTOR WATER SERVICES WATER SYSTEM WATER SYSTEMS WATER TARIFFS WATER UTILITIES Water has historically been hugely underpriced in most developing countries. Water systems are often poorly run. Regulatory frameworks are often lacking, incomplete, or internally inconsistent, and the relevant skills thinly spread. There is little trust that the government will maintain a favorable operating environment and a tariff yielding a reasonable rate of return. It is not a setting attractive to the private sector. While much stands in the way of private provision of water services in the poorer countries, the following four options, individually or in combination, may speed transformation: 1) taking a stepwise approach; 2) simplifying contracts; 3) contracting out parts of the regulatory function; and 4) increasing predictability in the use of discretion. There is often a sharp difference between what private companies see as a minimal return necessary to go into business in a risky country and what governments view as an acceptable level of profit. Governments should be realistic about the profits that they should allow, recognizing the need of their private partners to earn a reasonable return and to be rewarded for the risks that they shoulder. 2012-08-13T15:30:06Z 2012-08-13T15:30:06Z 1997-01 http://documents.worldbank.org/curated/en/1997/01/695042/getting-private-sector-involved-water-poorest-countries Viewpoint. -- Note no. 102 (January 1997) http://hdl.handle.net/10986/11599 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic POVERTY
WATER
PRIVATE SECTOR
PROFITS
CONCESSIONS
RISK
CONTRACTS
INFORMATION
DEVELOPING COUNTRIES
GOVERNMENT REGULATION
PRICE POLICY
MANAGEMENT CONTRACTS
PREDICTABILITY ADMINISTRATIVE CAPACITY
COLLECTION SYSTEMS
COST RECOVERY
CUBIC METER
INFORMATION PROBLEMS
INVESTMENT REQUIREMENTS
MONOPOLY POWER
PERFECT INFORMATION
PERFORMANCE INDICATORS
PHYSICAL LEAKS
PIPED WATER
POTABLE WATER
PRIVATE COMPANIES
PRIVATE PARTICIPATION
PRIVATE PARTICIPATION IN WATER
PRIVATE SECTOR
PRODUCTIVITY
PUBLIC WATER
REGULATORY AGENCIES
REGULATORY CAPACITY
REGULATORY FRAMEWORKS
SANITATION SERVICES
SEWERAGE SERVICES
TOWNS
WATER COMPANY
WATER SECTOR
WATER SERVICES
WATER SYSTEM
WATER SYSTEMS
WATER TARIFFS
WATER UTILITIES
spellingShingle POVERTY
WATER
PRIVATE SECTOR
PROFITS
CONCESSIONS
RISK
CONTRACTS
INFORMATION
DEVELOPING COUNTRIES
GOVERNMENT REGULATION
PRICE POLICY
MANAGEMENT CONTRACTS
PREDICTABILITY ADMINISTRATIVE CAPACITY
COLLECTION SYSTEMS
COST RECOVERY
CUBIC METER
INFORMATION PROBLEMS
INVESTMENT REQUIREMENTS
MONOPOLY POWER
PERFECT INFORMATION
PERFORMANCE INDICATORS
PHYSICAL LEAKS
PIPED WATER
POTABLE WATER
PRIVATE COMPANIES
PRIVATE PARTICIPATION
PRIVATE PARTICIPATION IN WATER
PRIVATE SECTOR
PRODUCTIVITY
PUBLIC WATER
REGULATORY AGENCIES
REGULATORY CAPACITY
REGULATORY FRAMEWORKS
SANITATION SERVICES
SEWERAGE SERVICES
TOWNS
WATER COMPANY
WATER SECTOR
WATER SERVICES
WATER SYSTEM
WATER SYSTEMS
WATER TARIFFS
WATER UTILITIES
Brook Cowen, Penelope J.
Getting the Private Sector Involved in Water : What to Do in the Poorest of Countries?
relation Viewpoint
description Water has historically been hugely underpriced in most developing countries. Water systems are often poorly run. Regulatory frameworks are often lacking, incomplete, or internally inconsistent, and the relevant skills thinly spread. There is little trust that the government will maintain a favorable operating environment and a tariff yielding a reasonable rate of return. It is not a setting attractive to the private sector. While much stands in the way of private provision of water services in the poorer countries, the following four options, individually or in combination, may speed transformation: 1) taking a stepwise approach; 2) simplifying contracts; 3) contracting out parts of the regulatory function; and 4) increasing predictability in the use of discretion. There is often a sharp difference between what private companies see as a minimal return necessary to go into business in a risky country and what governments view as an acceptable level of profit. Governments should be realistic about the profits that they should allow, recognizing the need of their private partners to earn a reasonable return and to be rewarded for the risks that they shoulder.
format Publications & Research :: Viewpoint
author Brook Cowen, Penelope J.
author_facet Brook Cowen, Penelope J.
author_sort Brook Cowen, Penelope J.
title Getting the Private Sector Involved in Water : What to Do in the Poorest of Countries?
title_short Getting the Private Sector Involved in Water : What to Do in the Poorest of Countries?
title_full Getting the Private Sector Involved in Water : What to Do in the Poorest of Countries?
title_fullStr Getting the Private Sector Involved in Water : What to Do in the Poorest of Countries?
title_full_unstemmed Getting the Private Sector Involved in Water : What to Do in the Poorest of Countries?
title_sort getting the private sector involved in water : what to do in the poorest of countries?
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/1997/01/695042/getting-private-sector-involved-water-poorest-countries
http://hdl.handle.net/10986/11599
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