Water Privatization and Regulation in England and Wales

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collection.link.196
https://openknowledge.worldbank.org/handle/10986/9427
collection.name.196
Viewpoint
dc.contributor.author
van den Berg, Caroline
dc.date.accessioned
2012-08-13T15:27:51Z
dc.date.available
2012-08-13T15:27:51Z
dc.date.issued
1997-05
dc.date.lastModified
2021-06-14T11:03:56Z
dc.description.abstract
In 1989, the United Kingdom embarked on one of the first modern privatizations in the water sector, selling assets under license and setting up an independent economic regulator. An important regulatory innovation is its use of price caps and yardstick competition. The author highlights two lessons from U.K. regulatory experience: effective price cap regulation has heavy information requirements, and the necessary data and analytical tools take time to assemble. And such built-in checks and balances as financial autonomy for the regulator and status as an independent government department are not always enough to prevent political interference.
en
dc.identifier
http://documents.worldbank.org/curated/en/1997/05/441652/water-privatization-regulation-england-wales
dc.identifier.uri
http://hdl.handle.net/10986/11585
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Viewpoint: Public Policy for the Private Sector; Note No. 115
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ASSET VALUATION
dc.subject
CERTIFICATION
dc.subject
COST SAVINGS
dc.subject
CROSS-SUBSIDIES
dc.subject
CROSS-SUBSIDIZATION
dc.subject
DEBT
dc.subject
DIVIDENDS
dc.subject
DRINKING WATER
dc.subject
EFFICIENT WATER USE
dc.subject
FINANCIAL VIABILITY
dc.subject
INCOME
dc.subject
INVESTMENT DECISIONS
dc.subject
LOW-INCOME HOUSEHOLDS
dc.subject
MANAGING WATER RESOURCES
dc.subject
PERFORMANCE INDICATORS
dc.subject
PRICE CAP REGULATION
dc.subject
PRICE DISCRIMINATION
dc.subject
PRIVATE COMPANIES
dc.subject
PRIVATE UTILITIES
dc.subject
PUBLIC OWNERSHIP
dc.subject
QUALITY STANDARDS
dc.subject
REGULATORY AGENCY
dc.subject
REGULATORY REGIME
dc.subject
RESIDENTIAL CUSTOMERS
dc.subject
RIVER WATER
dc.subject
RIVERS
dc.subject
SERVICE STANDARDS
dc.subject
SEWERAGE COMPANIES
dc.subject
SEWERAGE SERVICES
dc.subject
TARIFF STRUCTURE
dc.subject
UTILITIES
dc.subject
WATER AUTHORITIES
dc.subject
WATER COMPANIES
dc.subject
WATER CONSUMPTION
dc.subject
WATER INDUSTRY
dc.subject
WATER METERS
dc.subject
WATER POLICIES
dc.subject
WATER PRICING
dc.subject
WATER QUALITY
dc.subject
WATER RESOURCE
dc.subject
WATER RESOURCE MANAGEMENT
dc.subject
WATER RESOURCES
dc.subject
WATER SUPPLY
dc.subject
WATER SUPPLY COMPANIES
dc.subject
WATER USE
dc.subject
WILLINGNESS TO PAY WATER SUPPLY
dc.subject
DENATIONALIZATION
dc.subject
PRICING
dc.subject
REGULATIONS
dc.subject
PUBLIC ENTERPRISES
dc.subject
WATER UTILITIES
dc.title
Water Privatization and Regulation in England and Wales
en
okr.doctype
Publications & Research :: Viewpoint
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/1997/05/441652/water-privatization-regulation-england-wales
okr.globalpractice
Environment and Natural Resources
okr.globalpractice
Water
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b0854a672b_2_0
okr.identifier.internaldocumentum
441652
okr.identifier.report
16872
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/1999/08/15/000009265_3980219162713/Rendered/PDF/multi0page.pdf
en
okr.region.administrative
Europe and Central Asia
okr.region.country
United Kingdom
okr.sector
Water, sanitation and flood protection
okr.topic
Water Supply and Sanitation :: Water Supply and Sanitation Governance and Institutions
okr.topic
Water Supply and Sanitation :: Town Water Supply and Sanitation
okr.topic
Water Resources :: Water and Industry
okr.topic
Environmental Economics and Policies
okr.topic
Water Resources :: Water Conservation
okr.topic
Environment
okr.unit
Fin & Private Sector Develop VP
okr.volume
1 of 1

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