A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Squeezed by austerity and pressured to recover costs: Portugal’s municipal water operators in need of public bank finance
This article maps the relationship between public banks and municipal water operators in Portugal. Multilateral public banks play a central role in financing the sector. However, access to public banking finance plays out unevenly across Portugal’s heterogenous water landscape. While the state-owned bulk system appears to face no shortage of finance, there is evidence of a financing crisis at the municipal level, where austerity and pressures to recover costs through tariffs serve as obstacles to bank borrowing. With a new public financial institution in the making, the article argues that new public–public financing relationships should be explored.
Squeezed by austerity and pressured to recover costs: Portugal’s municipal water operators in need of public bank finance
This article maps the relationship between public banks and municipal water operators in Portugal. Multilateral public banks play a central role in financing the sector. However, access to public banking finance plays out unevenly across Portugal’s heterogenous water landscape. While the state-owned bulk system appears to face no shortage of finance, there is evidence of a financing crisis at the municipal level, where austerity and pressures to recover costs through tariffs serve as obstacles to bank borrowing. With a new public financial institution in the making, the article argues that new public–public financing relationships should be explored.
Squeezed by austerity and pressured to recover costs: Portugal’s municipal water operators in need of public bank finance
Stadheim, Victoria (author)
Water International ; 47 ; 711-732
2022-07-04
22 pages
Article (Journal)
Electronic Resource
Unknown
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