This thesis examines water privatization in Bolivia. It evaluates an episode in which privatized utilities failed to perform as expected by advocates of market reform. Consequently, they were taken...Show moreThis thesis examines water privatization in Bolivia. It evaluates an episode in which privatized utilities failed to perform as expected by advocates of market reform. Consequently, they were taken back into public ownership. Bolivia. What went wrong in Bolivia’s water sector? The private enterprises were not able to meet the mandates of the contract. The concessionaires had not been able to improve efficiency of water services. Subsequently, they imposed an extreme tariffs hike to cover the costs of investments. The promises of privatisation failed to materialize, and regretfully, the consumers of water services were the one’s suffering the most from it.Show less
