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Introduction The access, distribution and maintenance of clean water is a challenging task for developing countries.
Efforts to supply clean water have in the past fallen short, hence prompting the World Bank to advocate in privatization. From a theoretical point of view, privatization has the advantages of corporate efficiency with management that is responsible on behalf of the national government.
In the Philippines, water privatization has increased the people who can access to water from 58 to 84 percent, but the prices of water have increased five times.
Based on more than half of the human population, they will be living in the urban areas a year from now. Bythis population is expected to increase to almost five billion.
One percent of the water on earth I suitable for human consumption, and this water are not freely accessible to human since it is frozen in the ice caps. The distribution and supply of water is therefore, key to a development that is successful and plays a key role in urbanization globally.
In the world lived in, the developed nations have made significant investments in the water institutions, infrastructure, and management capacities.
This kind of investment has led to improvement in public health, hence laid the foundation of steady economic growth and at the same time stable social conditions. Providing clean water services are quite costly.
The massive infrastructure investments in water purification, piping, waste water treatment and pumps are necessary. The general revenues collected from tap water are not able to cover all these costs.
Developing countries have difficulties in recovering fall and costs far short of short recover. In addition, water systems in this country are particularly inefficient.
Loss of water due to theft and leakage ranges between 40 to 60 percent in the developing nations as compared to 10 and 20 percent in the developed nations because they are far more efficient managed.
We can write a quality custom essay about Water Privatization for you! For stability and economic progress to be achieved, it is very important for the developing countries to address this issue of water sanitation and provision by making sure that they invest more in infrastructure, establish regulatory frameworks, solid operational principles and fine tuning economic instruments.
Fallen short, unable to, or unwilling to finance these investments, the government in the developing nations has been unable to meet the public need for affordable and adequate water and sanitation services. However, public water privatization has worked as a possible alternative.
Water privatization proponents do believe that the challenges can be lucrative business opportunities. This notion proved spurred and popular water works privatization projects in both the developed and developing nations. Although the projects of the public-private involvement do differ, fundamental goals of privatization efforts are usually standard across the board.
These theme include the improvement of water and sanitation services to every citizen, meeting or exceeding the water quality standards and expanding coverage area set forth by the World Health Organization.The Australian Federal Government Budget - / Federal Government Budget The Australian Budget is an annually published document which details the Federal Government's plans to affect the level of economic activity, resource allocation, and income distribution through the use of fiscal policy.
Basically, prison privatization means the transfer of prison functions from the government sector to the private sector.
By using the private sector to build or manage prisons, many states believe that they can reduce costs/5(1). Write my Essay on PRIVITIZATION OF NHS (National Health Trust) WOULD RESULT IN SHORTER WAITING tranceformingnlp.com my Essay on PRIVITIZATION OF NHS (National Health Trust) WOULD RESULT IN SHORTER WAITING TIMES.
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Ram Mohan Visiting Faculty, Finance and Accounting Area Indian Institute of Management Ahmedabad, India Abstract The proposed research is intended to survey the process of privatization in India and assess its impact on the Indian economy.
The central issue we will address is the impact of privatization that has taken place so far .