Here is explored corporate governance role in privatised water companies in emerging economies. Private parts contracts are periodically renegotiated due to externalities and information asymmetries. In this context, governance mechanisms are of critical importance as illustrated in the case...

The draft bill ("disegno di legge") no.772 outlines the public control of water resources and services throughout Italy. This paper argues that such a legislation would be as irrational as the diametrically opposing approach of total privatisation. So far, econometrics has not shown the...

Recent studies of the effectiveness of privatisation programmes in the water and sanitation sector have highlighted the diversity of experiences, especially with respect to the distributional consequences of reforms. This study of water and sanitation privatisation programmes in the city and...