One of the latest paradigms of the water sector has been that giving concessions to private sector companies to run water utilities will be a “win-win” situation for all stakeholders: consumers (both rich and poor), governments at all levels, international financing institutions, and the private sector companies and their shareholders. For example, the report of the World Commission on Water said categorically that “the single most immediate and important measure that we can recommend is the systematic adoption of full-cost pricing for water services”.
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