Water Privatisation: Too much Regulation?
University of Surrey - Department of Economics
Economic Affairs, Vol. 24, No. 3, pp. 24-31, September 2004
Water privatisation has had some success in allowing capital to be raised without going to government, in improving efficiency and in depoliticising industry decisions. But there is little sign of the liberalisation that, in other privatised utilities (notably gas and electricity), has been so beneficial to customers. It is time to reconsider the view that 'water is different' and to examine how to liberalise the water market. Two necessary steps appear to be to separate the pipeline networks from other activities and to adopt a more light-handed approach to environmental and quality regulation.
Number of Pages in PDF File: 8Accepted Paper Series
Date posted: September 20, 2004
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