oa ESR Review : Economic and Social Rights in South Africa - Water privatisation in Southern Africa
Extracted from text ... ESR Review ? Vol 4 No 4 Water privatisation in Southern Africa The state of the debate Patrick Bond, David McDonald and Greg Ruiters Privatisation as defined by the World Bank includes private sector involvement in financing, operating and, in some cases, ownership. Aspects of private sector involvement range from contracting out to reducing or discontinuing the provision of a service by government and introducing commercial principles or market criteria. Privatisation is most often seen as a necessary political choice because of fiscal constraints (reducing public borrowing, taxes and outlays). It seeks to depoliticise services with a view to ..
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