The main purpose of this paper is to argue that the optimal design of regulation of water and sanitation monopolies should be the outcome of a detailed diagnostic of the institutional constraints impacting the ability of the operator-whether public or private-to deliver the services. Tailoring...

Just a few years after Congress passed the 1972 CWA Amendments, former EPA Administrator Russell Train wrote: "One of the major challenges to our society, and specifically to our states and localities, is to deal e8ectively with the issues of growth. These issues will involve an increasing shift...