Do Private Water Utility Operators Care about Regulatory Agencies in Developing Countries?

Do Private Water Utility Operators Care about Regulatory Agencies in Developing Countries?

This paper shows that the creation of an independent regulatory agency is often not a necessary or sufficient condition to help attract private participation in the operation and financing of the water and sanitation sector in developing countries....

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Bibliographic Details
Main Authors: Bertomeu-Sanchez, Salvador, CamoS, Daniel, Estache, Antonio
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
WATER UTILITY
REGULATORY AGENCY
REGULATION
PRIVATE UTILITY
ACCOUNTABILITY
PRIVATIZATION
PUBLIC-PRIVATE PARTNERSHIPS
WATER AND SANITATION
PRIVATE FINANCE
GREENFIELD PROJECTS
Online Access:http://documents.worldbank.org/curated/en/243991493226646565/Do-private-water-utility-operators-care-about-regulatory-agencies-in-developing-countries
http://hdl.handle.net/10986/26484
id okr-10986-26484
recordtype oai_dc
spelling okr-10986-264842021-06-08T14:42:45Z Do Private Water Utility Operators Care about Regulatory Agencies in Developing Countries? Bertomeu-Sanchez, Salvador CamoS, Daniel Estache, Antonio WATER UTILITY REGULATORY AGENCY REGULATION PRIVATE UTILITY ACCOUNTABILITY PRIVATIZATION PUBLIC-PRIVATE PARTNERSHIPS WATER AND SANITATION PRIVATE FINANCE GREENFIELD PROJECTS This paper shows that the creation of an independent regulatory agency is often not a necessary or sufficient condition to help attract private participation in the operation and financing of the water and sanitation sector in developing countries. However, the odds of an impact are significantly higher for Latin American and Caribbean countries and, to a lesser extent, Eastern European countries, than for any other region. Higher income levels and higher prices are also correlated with higher effectiveness of independent regulatory agencies in attracting private sector financing. Analysis of the impact on various types of public-private partnership contracts shows that, at the margin, independent regulatory agencies are irrelevant in general, for the contract choice, except for greenfield projects, for which such agencies may be counterproductive at the margin. 2017-04-27T17:19:00Z 2017-04-27T17:19:00Z 2017-04 Working Paper http://documents.worldbank.org/curated/en/243991493226646565/Do-private-water-utility-operators-care-about-regulatory-agencies-in-developing-countries http://hdl.handle.net/10986/26484 English en_US Policy Research Working Paper;No. 8045 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic WATER UTILITY
REGULATORY AGENCY
REGULATION
PRIVATE UTILITY
ACCOUNTABILITY
PRIVATIZATION
PUBLIC-PRIVATE PARTNERSHIPS
WATER AND SANITATION
PRIVATE FINANCE
GREENFIELD PROJECTS
spellingShingle WATER UTILITY
REGULATORY AGENCY
REGULATION
PRIVATE UTILITY
ACCOUNTABILITY
PRIVATIZATION
PUBLIC-PRIVATE PARTNERSHIPS
WATER AND SANITATION
PRIVATE FINANCE
GREENFIELD PROJECTS
Bertomeu-Sanchez, Salvador
CamoS, Daniel
Estache, Antonio
Do Private Water Utility Operators Care about Regulatory Agencies in Developing Countries?
relation Policy Research Working Paper;No. 8045
description This paper shows that the creation of an independent regulatory agency is often not a necessary or sufficient condition to help attract private participation in the operation and financing of the water and sanitation sector in developing countries. However, the odds of an impact are significantly higher for Latin American and Caribbean countries and, to a lesser extent, Eastern European countries, than for any other region. Higher income levels and higher prices are also correlated with higher effectiveness of independent regulatory agencies in attracting private sector financing. Analysis of the impact on various types of public-private partnership contracts shows that, at the margin, independent regulatory agencies are irrelevant in general, for the contract choice, except for greenfield projects, for which such agencies may be counterproductive at the margin.
format Working Paper
author Bertomeu-Sanchez, Salvador
CamoS, Daniel
Estache, Antonio
author_facet Bertomeu-Sanchez, Salvador
CamoS, Daniel
Estache, Antonio
author_sort Bertomeu-Sanchez, Salvador
title Do Private Water Utility Operators Care about Regulatory Agencies in Developing Countries?
title_short Do Private Water Utility Operators Care about Regulatory Agencies in Developing Countries?
title_full Do Private Water Utility Operators Care about Regulatory Agencies in Developing Countries?
title_fullStr Do Private Water Utility Operators Care about Regulatory Agencies in Developing Countries?
title_full_unstemmed Do Private Water Utility Operators Care about Regulatory Agencies in Developing Countries?
title_sort do private water utility operators care about regulatory agencies in developing countries?
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/243991493226646565/Do-private-water-utility-operators-care-about-regulatory-agencies-in-developing-countries
http://hdl.handle.net/10986/26484
_version_ 1764462098318884864

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