Global Freshwater Scarcity: Is Privatization a Solution?
Author(s)
Christen, Kris
Abstract
Freshwater scarcity is so severe it ranks second only to climate change as the most pressing environmental issue, but the crisis is not the result of too little water, rather it is a consequence of poor water management. A hotly debated solution to the problem is to usher in full-cost pricing of water services, coupled with subsidies for the poor, to encourage privatization of water utilities.
