Bolivia is one of a growing number of developing countries turning to the private sector to improve urban water and sanitation services. The country's first major contract in the sector, a twenty-five-year concession for the neighboring cities of La Paz and El Alto, was implemented in August...

Water has historically been hugely underpriced in most developing countries. Water systems are often poorly run. Regulatory frameworks are often lacking, incomplete, or internally inconsistent, and the relevant skills thinly spread. There is little trust that the government will maintain a...