In 1988, Chile put in place a new regulatory regime for water and sanitation, allowing rates to reflect the actual cost of providing services. The government then reorganized the sector under 13 state-owned regional water companies and, in 1998, started to partially privatize some of them. Four years after the first sale, it is now possible to assess the early results of privatization. This Note examines the outcomes for investors, and consumers, and compares the performance of the privatized companies with that of companies remaining under state ownership.
Details
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Author
Bitran, Gabriel A.; Valenzuela, Eduardo P.;
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Document Date
2003/03/31
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Document Type
Viewpoint
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Report Number
26126
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2010/07/01
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Doc Name
Water services in Chile - comparing private and public performance
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Keywords
water;private company;public company;investment need;water and sewerage service;capital need;rise in water rate;price of water right;buyers of water right;sanitation companies;result of privatization;annual water consumption;divestiture of asset;regional water company;concept of privatization;public policy innovation;reduction in consumption;cost of water;effect of privatization;change in consumption;
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Citation
Bitran, Gabriel A.; Valenzuela, Eduardo P.;
Water services in Chile - comparing private and public performance (English). Public policy for the private sector ; Note no. 255 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/455861468769468006/Water-services-in-Chile-comparing-private-and-public-performance