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The Buenos Aires Water Concession

The Buenos Aires Water Concession OPS -23/1 POLICY RESEARCH WORKING PAPER 2311 The Buenos Aires Water Transparent, rule-based decisionmaking is important Concession to maintaining public trust in regulated infrastructure. The Buenos Aires water and Lorena Alca'zar sanitation concession led to Manuel A. Abdala remarkable improvements in Mary M. Shirley delivery and coverage of services and to lower prices for consumers. But a poor information base, lack of transparency in regulatory decisions, and the ad hoc nature of executive branch interventions make it difficult to reassure consumers that their welfare is being protected and that the concession is sustainable. The World Bank Development Research Group Regulation and Competition Policy H April 2000 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized I POLICY RESEARCH WORKING PAPER 2311 Summary findings The signing of a concession contract for the Buenos Aires charges. And these improvements would probably not water and sanitation system in December 1992 attracted have occurred under public administration of the system. worldwide attention and caused considerable controversy Still, as Alcazar, Abdala, and Shirley show, information in Argentina. asymmetries, perverse incentives, and weak regulatory It was one of the world's largest concessions, but the institutions could threaten the concession's sustainability. case was http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Policy Research Working Papers Unpaywall

The Buenos Aires Water Concession

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DOI
10.1596/1813-9450-2311
Publisher site
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Abstract

OPS -23/1 POLICY RESEARCH WORKING PAPER 2311 The Buenos Aires Water Transparent, rule-based decisionmaking is important Concession to maintaining public trust in regulated infrastructure. The Buenos Aires water and Lorena Alca'zar sanitation concession led to Manuel A. Abdala remarkable improvements in Mary M. Shirley delivery and coverage of services and to lower prices for consumers. But a poor information base, lack of transparency in regulatory decisions, and the ad hoc nature of executive branch interventions make it difficult to reassure consumers that their welfare is being protected and that the concession is sustainable. The World Bank Development Research Group Regulation and Competition Policy H April 2000 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized I POLICY RESEARCH WORKING PAPER 2311 Summary findings The signing of a concession contract for the Buenos Aires charges. And these improvements would probably not water and sanitation system in December 1992 attracted have occurred under public administration of the system. worldwide attention and caused considerable controversy Still, as Alcazar, Abdala, and Shirley show, information in Argentina. asymmetries, perverse incentives, and weak regulatory It was one of the world's largest concessions, but the institutions could threaten the concession's sustainability. case was

Published: Nov 30, 1999

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