Privatization of water utilities from and integrated water resources management perspective

Topaloğlu, Ece
This submission reviews the two successful examples of water markets, one in the developed world, the Murray Darling Basin in Australia and other in the developing world, the Limari Basin case in Chile respectively. Of central importance, we find the commodification of a natural resource, water, through a process of the progressing neoliberal agenda. As regards the outcome of this process in these two cases; while on the one hand the water markets have contributed to a more efficient allocation of water resources from less efficient to more efficient uses, on the other hand, problems related to environmental degradation in the former case and the social inequity in the latter have been unable to be solved.