This research examines the impact of institutional frameworks on the performance of a private sector participation (PSP) arrangement in the water sector. The research takes place within the context of a development debate and practice, which identifies water as a key poverty issue in a...

For a country fractionalized in competing factions, each owning part of the stock of natural exhaustible resources, or with insecure property rights, we analyze how resources are transformed into productive capital to sustain consumption. We allow property rights to improve as the country...