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Water privatization and regulation in England and France: a tale of two models

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  • Frederico Neto

Abstract

Several United Nations Member States have recently decided to privatize their water supply and sewerage services in order to improve economic efficiency and to tap private investments for infrastructural improvements. Since the English and French models of water privatization have produced some of the most interesting innovations in this area, this article examines these two models with a view to determining their usefulness for other countries. The main aim of the paper is, however, not to analyze water privatization per se, but the regulation of an industry with strong natural monopoly tendencies. The article concludes that water privatization should be accompanied by effective regulatory mechanisms to deal with monopoly power.

Suggested Citation

  • Frederico Neto, 1998. "Water privatization and regulation in England and France: a tale of two models," Natural Resources Forum, Blackwell Publishing, vol. 22(2), pages 107-117, May.
    • Handle: RePEc:wly:natres:v:22:y:1998:i:2:p:107-117
    DOI: 10.1111/j.1477-8947.1998.tb00718.x
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    References listed on IDEAS

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    1. Cowan, Simon, 1993. "Regulation of Several Market Failures: The Water Industry in England and Wales," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 9(4), pages 14-23, Winter.
    2. Mark Armstrong & Simon Cowan & John Vickers, 1994. "Regulatory Reform: Economic Analysis and British Experience," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262510790, April.
    3. Hilary Sunman, 1993. "The application of charging schemes for the management of water pollution," Natural Resources Forum, Blackwell Publishing, vol. 17(2), pages 133-141, May.
    4. Hahn, Robert W, 1989. "Economic Prescriptions for Environmental Problems: How the Patient Followed the Doctor's Orders," Journal of Economic Perspectives, American Economic Association, vol. 3(2), pages 95-114, Spring.
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    Cited by:

    1. Mikail Pehlivan & Nazan Susam, 2022. "Transformation of Water Services: Lessons Learned from Water Privatization in Multiple Countries," Journal of Economy Culture and Society, Istanbul University, Faculty of Economics, vol. 65(65), pages 129-160, June.
    2. Russell J. DeLucia, 2000. "Private participation and sustainability in small‐scale natural resources investments: selected issues," Natural Resources Forum, Blackwell Publishing, vol. 24(4), pages 255-261, November.

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