Fighting drought
The Briefing Room
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The Future of the Water Industry
Sirdita helm is professor of economic policy at oxford university and the author of several books on environmental economics. Dithelm, can you remind us what the government's case for privatiation of water in england and wales was? Back in 89, the argument for privatization was based on several different bits. One was just the ideological belief that the private sector would be vastly more efficient than the public sector. It was argued that it would invest, and that somehow the government couldn't invest, only the private sector could do it. And that the combination of these factors would open up a new renaissance for the water industry,. In which it would put right hat was thought to be under
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