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FUZZY ECONOMIC REVIEW, Volume XX

WATER INFRASTRUCTURE FINANCING IN SPAIN: POTENTIAL FOR SECURITIZATION

Xavier Ponce-Alifonso. Research Centre on Industrial and Public Economics (CREIP) and Department of Economics, Faculty of Business and Economics, Universitat Rovira i Virgili.

Susana Sardá García. Department of Business Management, Faculty of Business and Economics, Universitat Rovira i Virgili.

Water scarcity is a persistent problem in Spain. There has consequently been a long-standing debate about the role that the public sector must play in water policies, as well as that of market-based instruments. In this paper we analyze the advantages and disadvantages associated with public and private financing of…
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