Water Privatization revisited

I first wrote about water privatization on this blog back in 2006. I had written that bit as part of a term paper for an infrastructure course at IIMB, and it seemed like we didn’t do too well as far as the term paper went.

I revisited the topic sometime last year when i talked about water privatization in Kundapur. I cross posted that on the Indian Economy Blog also.

My main argument there was that privatization of water would ensure an OPTION for everyone to access clean piped drinking water, and this option value would offset the higher prices faced by those who already have the connection – who are mainly the reasonably well to do.

The latest to comment on this matter is Tyler Cowen. Writing in the Forbes, he calls for unregulated privatization of water supply in developing countries. And he mentions precisely the same reasons as I did in my earlier posts.

I hope Prof. Ranga, who didn’t give us enough credit for our term paper back then, is reading this.

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