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The Financialization of Water

Author

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  • Kate Bayliss

    (School of Oriental and African Studies, University of London)

Abstract

This paper aims to locate developments in water delivery within broader financialization trends by considering three aspects of water management. First, despite clear failings of privatization over the past twenty years, state support for the private sector continues. Second, innovations have emerged so that water consumption generates wealth for private investment finance. Finally, private enterprises have gained increasing influence in sector policy. The paper demonstrates that financialization is incompatible with social objectives in water delivery.

Suggested Citation

  • Kate Bayliss, 2014. "The Financialization of Water," Review of Radical Political Economics, Union for Radical Political Economics, vol. 46(3), pages 292-307, September.
    • Handle: RePEc:sae:reorpe:v:46:y:2014:i:3:p:292-307
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    Citations

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    Cited by:

    1. Kate Bayliss, 2016. "The Financialisation of Health in England and Wales; Lessons from the Water Sector," Working papers wpaper131, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.

    More about this item

    Keywords

    water; financialization; privatization; public sector reform;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching
    • B - Schools of Economic Thought and Methodology
    • H - Public Economics

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