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    292213

    Contracts, concessions and corruption in the water sector.

    Hall D

    Habitat Debate. 2000; 6(3):[5] p..

    Large-scale corruption in developed and developing countries is closely connected to contracting-out, concessions, and privatization. The encouragement of privatization of public services and infrastructure by the World Bank and others has multiplied the potential scale of this business. At the same time it has multiplied the incentives for multinational companies active in these sectors to offer bribes in order to secure concessions and contracts. One of the sectors most at risk is water and sanitation. The concessions invariably involve long-term monopoly supply of an essential service, with considerable potential profit. Often, major construction works are involved, which are themselves a source of profit. (excerpt)
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