Cost-Benefit Analysis for Investment Decisions: Chapter 20 (Restructuring The Water And Sewer Utility In Panama)
In the 1980s, investments in Panamaâ€™s water supply and sanitation sector centered on expanding the system capacity to meet the growing demand. However, since the facilities were constructed, maintenance had been neither fully performed nor properly programmed and maintained. As a consequence, the water supply and sanitation systems were inefficient and functioning under serious constraints. To remedy these shortcomings, the Panamanian government, with the support of the Inter-American Development Bank (IADB), launched the Public Enterprise Reform Program for the water supply and sewerage sector. The programâ€™s objective was to scale back the public sectorâ€™s role and to promote the participation of private operators in service delivery. The program, in particular, aimed to strengthen the Instituto de Acueductos y Alcantarillados Nacionales (IDAAN), the public utility responsible for providing water supply and sanitation services by rationalizing its staff, outsourcing support activities to the private sector, and collecting outstanding accounts. This chapter explains how the results of the financial and economic appraisal of a program aimed at improving the overall efficiency of the water utility with no expansion of coverage can differ significantly when viewed from different perspectives.
|Date of creation:||Aug 2011|
|Date of revision:|
|Contact details of provider:|| Postal: Kingston, Ontario, K7L 3N6|
Phone: (613) 533-2250
Fax: (613) 533-6668
Web page: http://www.econ.queensu.ca/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Dinwiddy,Caroline L. & Teal,Francis J., 1996.
"Principles of Cost-Benefit Analysis for Developing Countries,"
Cambridge University Press, number 9780521473583.
- Dinwiddy,Caroline L. & Teal,Francis J., 1996. "Principles of Cost-Benefit Analysis for Developing Countries," Cambridge Books, Cambridge University Press, number 9780521479165.
When requesting a correction, please mention this item's handle: RePEc:qed:dpaper:213. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bahman Kashi)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.