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Title: Water Privatization

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Subject: Technology
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Date: January 15, 1996
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Length: 4 / 1122
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Essay text:

may be politically motivated and prone to corruption. • Private companies also have a greater financial ability to finance the large investments and technical expertise needed to repair and improve the water systems and meet new European water quality standards...

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Private operators have in many cases failed to fulfill their investment commitments and financial obligations. • It has led to loss of jobs. They do a lot of downsizing and cutting jobs. Private operators also frequently import foreign labor rather than employing local people...

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