Water privatisation in the context of transition

in

Zsolt Boda and Gábor Scheiring:

Water privatisation in the context of transition

"Privatisation was to be the key to creating a healthy economy with competent companies that provide jobs for people and
pay taxes, rather than being dependent upon state policies and subsidies. Just a few years into the transition to a marketeconomy,
however, Hungarians have discovered that private ownership does not necessarily mean efficiency, and that the
argument of additional investment is also questionable. The process of water privatisation well illustrates the pitfalls of
privatisation."

Published in the TNI Public Services Yearbook 2005/2006

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