PREAMBLE

PREFACE

1. INTRODUCTION

1.1 Privatisation and Regulation

1.2 Water Services and Industry

Figure: Functions in Urban Water Services

2. CONTEXT

2.1 Global Water Industry

2.2 Horizontal Integration

2.3 Role of Local Government

2.4 Role of Public Finances

2.5 Global Water Policy

3. INSTITUTIONAL INSTABILITY

Figure: The Vicious Circle of Instability

4. THREE REGULATORY MODELS

4.1 Centralised Public Policy (UK)

4.2 Competition for Monopolies (F)

4.3 Competition and Control (D)

5. ... AND PRIVATISATION

5.1 Types of Privatisation

Figure: A Typology of Privatisation

5.2 Competing Privatisations

5.3 Vectors of Competition

5.4 Industrial Policy Strategies

5.5 Successful Privatisation

6. EVALUATING INSTITUTIONS

6.1 Performance Indicators

6.2 Structural Indicators

7. SUSTAINABLE DEVELOPMENT

7.1 Traditional Indicators

7.2 Material Intensity

7.3 Water Productivity

7.4 Water Resource Protection

7.5 Political Control

8. CONCLUSION

9. RESPONSE BY DAVID L. WALKER

9.1 Introduction

9.2 Water Services and Industry

9.3 The Context

9.4 Institutional Instability

9.5 Three Regulatory Models

9.6 Evaluating Institutions

9.7 Sustainable Development

9.8 Conclusions

BIBLIOGRAPHY