Utility Privatization and the Needs of the Poor in Latin America : Have We Learned Enough to Get It Right?

Efforts to reform utilities can affect poor households in varied, often complex, ways, but it is by no means certain that such reform will hurt vulnerable households. Many myths have been perpetuated in discussions of utility reform - and in many c...

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Main Authors:	Estache, Antonio, Gomez-Lobo, Andres, Leipziger, Danny
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ACCOUNTING ACTUAL COSTS AIC ASSETS CONCESSION CONTRACTS COST RECOVERY CROSS SUBSIDIES CROSS-SUBSIDIES DISPOSABLE INCOME ELECTRICITY EMPLOYMENT EQUILIBRIUM FINANCIAL VIABILITY FISCAL DEFICITS FISCAL PROBLEMS FIXED CHARGE FIXED CHARGES GARBAGE COLLECTION GENERAL EQUILIBRIUM MODEL GNP HOUSEHOLD CONNECTIONS HOUSEHOLDS HOUSING INCOME INCOME DISTRIBUTION LABOR INPUTS MARGINAL COST MARGINAL COST PRICING MONOPOLIES MONTHLY WATER BILL MUNICIPAL LEVEL MUNICIPALITIES NEW ENTRANTS PIPELINE POLICY MAKERS POWER PLANTS PRICE CHANGES PRIVATE FINANCING PRIVATE OPERATOR PRIVATE OPERATORS PRIVATE PARTICIPATION PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PROVISION OF INFRASTRUCTURE PUBLIC COMPANIES PUBLIC COMPANY PUBLIC ECONOMICS PUBLIC ENTERPRISES PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SERVICES PUBLIC UTILITIES PUBLIC UTILITY PUBLIC WATER QUALITY OF SERVICE RESIDENTIAL CUSTOMERS RESOURCE ALLOCATION REVENUE COLLECTION RIVER WATER SANITATION SERVICES SERVICE PROVIDERS SEWAGE TARIFF STRUCTURE TAX TAXATION TELECOMMUNICATIONS TOWNS TRANSPARENCY URBAN AREAS URBAN CENTERS UTILITY SERVICES WATER SECTOR WATER SERVICES WELFARE GAINS WELLS
Online Access:	http://documents.worldbank.org/curated/en/2000/08/443558/utility-privatization-needs-poor-latin-america-learned-enough-right http://hdl.handle.net/10986/19814

id	okr-10986-19814
recordtype	oai_dc
spelling	okr-10986-198142021-04-23T14:03:46Z Utility Privatization and the Needs of the Poor in Latin America : Have We Learned Enough to Get It Right? Estache, Antonio Gomez-Lobo, Andres Leipziger, Danny ACCOUNTING ACTUAL COSTS AIC ASSETS CONCESSION CONTRACTS COST RECOVERY CROSS SUBSIDIES CROSS-SUBSIDIES DISPOSABLE INCOME ELECTRICITY EMPLOYMENT EQUILIBRIUM FINANCIAL VIABILITY FISCAL DEFICITS FISCAL PROBLEMS FIXED CHARGE FIXED CHARGES GARBAGE COLLECTION GENERAL EQUILIBRIUM MODEL GNP HOUSEHOLD CONNECTIONS HOUSEHOLDS HOUSING INCOME INCOME DISTRIBUTION LABOR INPUTS MARGINAL COST MARGINAL COST PRICING MONOPOLIES MONTHLY WATER BILL MUNICIPAL LEVEL MUNICIPALITIES NEW ENTRANTS PIPELINE POLICY MAKERS POWER PLANTS PRICE CHANGES PRIVATE FINANCING PRIVATE OPERATOR PRIVATE OPERATORS PRIVATE PARTICIPATION PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PROVISION OF INFRASTRUCTURE PUBLIC COMPANIES PUBLIC COMPANY PUBLIC ECONOMICS PUBLIC ENTERPRISES PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SERVICES PUBLIC UTILITIES PUBLIC UTILITY PUBLIC WATER QUALITY OF SERVICE RESIDENTIAL CUSTOMERS RESOURCE ALLOCATION REVENUE COLLECTION RIVER WATER SANITATION SERVICES SERVICE PROVIDERS SEWAGE TARIFF STRUCTURE TAX TAXATION TELECOMMUNICATIONS TOWNS TRANSPARENCY URBAN AREAS URBAN CENTERS UTILITY SERVICES WATER SECTOR WATER SERVICES WELFARE GAINS WELLS Efforts to reform utilities can affect poor households in varied, often complex, ways, but it is by no means certain that such reform will hurt vulnerable households. Many myths have been perpetuated in discussions of utility reform - and in many cases poor households have benefited from reform. What is amazing is the extent to which governments, and their advisors - sometimes including multilateral organizations - fail to measure, anticipate, and monitor how the privatization of utilities actually affects the poor. Many questions must still be answered before good general guidelines can be drawn, but the authors offer many suggestions about how social, regulatory, and privatization policy, can increase the benefits of utility reform for poor households. The good news is that many measures can be taken to improve the chances that poor households will benefit from reform. Chief among these is promoting competition, where possible. Essentially what is needed is political commitment to doing the right thing. If policy is weak before privatization, it is going to be weak after privatization as well. Privatization is no substitute for responsible policy on redistribution. 2014-08-28T17:18:55Z 2014-08-28T17:18:55Z 2000-08 http://documents.worldbank.org/curated/en/2000/08/443558/utility-privatization-needs-poor-latin-america-learned-enough-right http://hdl.handle.net/10986/19814 English en_US Policy Research Working Paper;No. 2407 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Latin America
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCOUNTING ACTUAL COSTS AIC ASSETS CONCESSION CONTRACTS COST RECOVERY CROSS SUBSIDIES CROSS-SUBSIDIES DISPOSABLE INCOME ELECTRICITY EMPLOYMENT EQUILIBRIUM FINANCIAL VIABILITY FISCAL DEFICITS FISCAL PROBLEMS FIXED CHARGE FIXED CHARGES GARBAGE COLLECTION GENERAL EQUILIBRIUM MODEL GNP HOUSEHOLD CONNECTIONS HOUSEHOLDS HOUSING INCOME INCOME DISTRIBUTION LABOR INPUTS MARGINAL COST MARGINAL COST PRICING MONOPOLIES MONTHLY WATER BILL MUNICIPAL LEVEL MUNICIPALITIES NEW ENTRANTS PIPELINE POLICY MAKERS POWER PLANTS PRICE CHANGES PRIVATE FINANCING PRIVATE OPERATOR PRIVATE OPERATORS PRIVATE PARTICIPATION PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PROVISION OF INFRASTRUCTURE PUBLIC COMPANIES PUBLIC COMPANY PUBLIC ECONOMICS PUBLIC ENTERPRISES PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SERVICES PUBLIC UTILITIES PUBLIC UTILITY PUBLIC WATER QUALITY OF SERVICE RESIDENTIAL CUSTOMERS RESOURCE ALLOCATION REVENUE COLLECTION RIVER WATER SANITATION SERVICES SERVICE PROVIDERS SEWAGE TARIFF STRUCTURE TAX TAXATION TELECOMMUNICATIONS TOWNS TRANSPARENCY URBAN AREAS URBAN CENTERS UTILITY SERVICES WATER SECTOR WATER SERVICES WELFARE GAINS WELLS
spellingShingle	ACCOUNTING ACTUAL COSTS AIC ASSETS CONCESSION CONTRACTS COST RECOVERY CROSS SUBSIDIES CROSS-SUBSIDIES DISPOSABLE INCOME ELECTRICITY EMPLOYMENT EQUILIBRIUM FINANCIAL VIABILITY FISCAL DEFICITS FISCAL PROBLEMS FIXED CHARGE FIXED CHARGES GARBAGE COLLECTION GENERAL EQUILIBRIUM MODEL GNP HOUSEHOLD CONNECTIONS HOUSEHOLDS HOUSING INCOME INCOME DISTRIBUTION LABOR INPUTS MARGINAL COST MARGINAL COST PRICING MONOPOLIES MONTHLY WATER BILL MUNICIPAL LEVEL MUNICIPALITIES NEW ENTRANTS PIPELINE POLICY MAKERS POWER PLANTS PRICE CHANGES PRIVATE FINANCING PRIVATE OPERATOR PRIVATE OPERATORS PRIVATE PARTICIPATION PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PROVISION OF INFRASTRUCTURE PUBLIC COMPANIES PUBLIC COMPANY PUBLIC ECONOMICS PUBLIC ENTERPRISES PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SERVICES PUBLIC UTILITIES PUBLIC UTILITY PUBLIC WATER QUALITY OF SERVICE RESIDENTIAL CUSTOMERS RESOURCE ALLOCATION REVENUE COLLECTION RIVER WATER SANITATION SERVICES SERVICE PROVIDERS SEWAGE TARIFF STRUCTURE TAX TAXATION TELECOMMUNICATIONS TOWNS TRANSPARENCY URBAN AREAS URBAN CENTERS UTILITY SERVICES WATER SECTOR WATER SERVICES WELFARE GAINS WELLS Estache, Antonio Gomez-Lobo, Andres Leipziger, Danny Utility Privatization and the Needs of the Poor in Latin America : Have We Learned Enough to Get It Right?
geographic_facet	Latin America & Caribbean Latin America
relation	Policy Research Working Paper;No. 2407
description	Efforts to reform utilities can affect poor households in varied, often complex, ways, but it is by no means certain that such reform will hurt vulnerable households. Many myths have been perpetuated in discussions of utility reform - and in many cases poor households have benefited from reform. What is amazing is the extent to which governments, and their advisors - sometimes including multilateral organizations - fail to measure, anticipate, and monitor how the privatization of utilities actually affects the poor. Many questions must still be answered before good general guidelines can be drawn, but the authors offer many suggestions about how social, regulatory, and privatization policy, can increase the benefits of utility reform for poor households. The good news is that many measures can be taken to improve the chances that poor households will benefit from reform. Chief among these is promoting competition, where possible. Essentially what is needed is political commitment to doing the right thing. If policy is weak before privatization, it is going to be weak after privatization as well. Privatization is no substitute for responsible policy on redistribution.
format	Publications & Research :: Policy Research Working Paper
author	Estache, Antonio Gomez-Lobo, Andres Leipziger, Danny
author_facet	Estache, Antonio Gomez-Lobo, Andres Leipziger, Danny
author_sort	Estache, Antonio
title	Utility Privatization and the Needs of the Poor in Latin America : Have We Learned Enough to Get It Right?
title_short	Utility Privatization and the Needs of the Poor in Latin America : Have We Learned Enough to Get It Right?
title_full	Utility Privatization and the Needs of the Poor in Latin America : Have We Learned Enough to Get It Right?
title_fullStr	Utility Privatization and the Needs of the Poor in Latin America : Have We Learned Enough to Get It Right?
title_full_unstemmed	Utility Privatization and the Needs of the Poor in Latin America : Have We Learned Enough to Get It Right?
title_sort	utility privatization and the needs of the poor in latin america : have we learned enough to get it right?
publisher	World Bank, Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2000/08/443558/utility-privatization-needs-poor-latin-america-learned-enough-right http://hdl.handle.net/10986/19814
_version_	1764441468607397888

Utility Privatization and the Needs of the Poor in Latin America : Have We Learned Enough to Get It Right?

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