Utility Privatization and the Needs of the Poor in Latin America : Have We Learned Enough to Get It Right?
Efforts to reform utilities can affect
poor households in varied, often complex, ways, but it is by
no means certain that such reform will hurt vulnerable
households. Many myths have been perpetuated in discussions
of utility reform - and in many cases poor households have
benefited from reform. What is amazing is the extent to
which governments, and their advisors - sometimes including
multilateral organizations - fail to measure, anticipate,
and monitor how the privatization of utilities actually
affects the poor. Many questions must still be answered
before good general guidelines can be drawn, but the authors
offer many suggestions about how social, regulatory, and
privatization policy, can increase the benefits of utility
reform for poor households. The good news is that many
measures can be taken to improve the chances that poor
households will benefit from reform. Chief among these is
promoting competition, where possible. Essentially what is
needed is political commitment to doing the right thing. If
policy is weak before privatization, it is going to be weak
after privatization as well. Privatization is no substitute
for responsible policy on redistribution.
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Bibliographic Details
| Main Authors: |
Estache, Antonio,
Gomez-Lobo, Andres,
Leipziger, Danny |
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| Language: | English
en_US |
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| Published: |
World Bank, Washington, DC
2000-08
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| Subjects: | ACCOUNTING,
ACTUAL COSTS,
AIC,
ASSETS,
CONCESSION CONTRACTS,
COST RECOVERY,
CROSS SUBSIDIES,
CROSS-SUBSIDIES,
DISPOSABLE INCOME,
ELECTRICITY,
EMPLOYMENT,
EQUILIBRIUM,
FINANCIAL VIABILITY,
FISCAL DEFICITS,
FISCAL PROBLEMS,
FIXED CHARGE,
FIXED CHARGES,
GARBAGE COLLECTION,
GENERAL EQUILIBRIUM MODEL,
GNP,
HOUSEHOLD CONNECTIONS,
HOUSEHOLDS,
HOUSING,
INCOME,
INCOME DISTRIBUTION,
LABOR INPUTS,
MARGINAL COST,
MARGINAL COST PRICING,
MONOPOLIES,
MONTHLY WATER BILL,
MUNICIPAL LEVEL,
MUNICIPALITIES,
NEW ENTRANTS,
PIPELINE,
POLICY MAKERS,
POWER PLANTS,
PRICE CHANGES,
PRIVATE FINANCING,
PRIVATE OPERATOR,
PRIVATE OPERATORS,
PRIVATE PARTICIPATION,
PRIVATE SECTOR,
PRIVATE SECTOR PARTICIPATION,
PRIVATIZATION,
PROVISION OF INFRASTRUCTURE,
PUBLIC COMPANIES,
PUBLIC COMPANY,
PUBLIC ECONOMICS,
PUBLIC ENTERPRISES,
PUBLIC INVESTMENT,
PUBLIC SECTOR,
PUBLIC SERVICES,
PUBLIC UTILITIES,
PUBLIC UTILITY,
PUBLIC WATER,
QUALITY OF SERVICE,
RESIDENTIAL CUSTOMERS,
RESOURCE ALLOCATION,
REVENUE COLLECTION,
RIVER WATER,
SANITATION SERVICES,
SERVICE PROVIDERS,
SEWAGE,
TARIFF STRUCTURE,
TAX,
TAXATION,
TELECOMMUNICATIONS,
TOWNS,
TRANSPARENCY,
URBAN AREAS,
URBAN CENTERS,
UTILITY SERVICES,
WATER SECTOR,
WATER SERVICES,
WELFARE GAINS,
WELLS, |
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| Online Access: | http://documents.worldbank.org/curated/en/2000/08/443558/utility-privatization-needs-poor-latin-america-learned-enough-right
https://hdl.handle.net/10986/19814
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