The privatization of public water utilities

Includes bibliography

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Autor principal: Solanes, Miguel
Formato: Texto
Lenguaje:English
Publicado: 2014
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Acceso en línea:http://hdl.handle.net/11362/10537
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spelling oai-11362-105372020-03-03T20:03:42Z The privatization of public water utilities Solanes, Miguel AGUA POTABLE ASPECTOS JURIDICOS PRIVATIZACION SERVICIOS PUBLICOS DRINKING WATER LEGAL ASPECTS PRIVATIZATION PUBLIC SERVICES Includes bibliography Latin America has kept in step with the worldwide trend towards the privatization of public utilities. Its motivation for doing so stems from a number of factors: an economic philosophy, its quest for greater efficiency, macroeconomic situations, debt-equity swaps, decisions to bring private capital into the management of public utilities during times of economic crisis, and others. This article analyses the characteristics and components of public utilities, the differences existing between one utility and another (particularly in terms of their capital/revenue ratio);, the rigidity of supply and investment, the possibilities of giving consumers a choice, the concept of economies of scale and how it ties in with the notion of monopolies, and the legal implications of monopolistic systems. It also examines some aspects of the legal regulation of utilities, such as administrative controls, the idea of reasonable profit levels, control by holding companies, regulation and monitoring mechanisms, and terms and conditions of service, including some components of the relationship between water use and the management of water resources. Among the specific cases of utility privatizations which are reviewed, particular attention is devoted to the case of the United Kingdom, which is currently the subject of public debate; selected aspects of Spain's Public Administration Contracts bill are outlined as well. In conclusion, the author suggests that the countries of the region should take comparable legislation and the experience of other nations into account and should set up suitable regulatory and monitoring systems prior to privatization. 2014-01-02T18:41:28Z 2014-01-02T18:41:28Z 1995-08 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/10537 LC/G.1874-P en CEPAL Review CEPAL Review 56 application/pdf AMERICA LATINA LATIN AMERICA
institution Cepal
collection Cepal
language English
topic AGUA POTABLE
ASPECTOS JURIDICOS
PRIVATIZACION
SERVICIOS PUBLICOS
DRINKING WATER
LEGAL ASPECTS
PRIVATIZATION
PUBLIC SERVICES
spellingShingle AGUA POTABLE
ASPECTOS JURIDICOS
PRIVATIZACION
SERVICIOS PUBLICOS
DRINKING WATER
LEGAL ASPECTS
PRIVATIZATION
PUBLIC SERVICES
Solanes, Miguel
The privatization of public water utilities
description Includes bibliography
format Texto
author Solanes, Miguel
author_facet Solanes, Miguel
author_sort Solanes, Miguel
title The privatization of public water utilities
title_short The privatization of public water utilities
title_full The privatization of public water utilities
title_fullStr The privatization of public water utilities
title_full_unstemmed The privatization of public water utilities
title_sort privatization of public water utilities
publishDate 2014
url http://hdl.handle.net/11362/10537
work_keys_str_mv AT solanesmiguel theprivatizationofpublicwaterutilities
AT solanesmiguel privatizationofpublicwaterutilities
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