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Financing Issues in the Rural Water Supply Sector

Philippine Review of Economics

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Title Financing Issues in the Rural Water Supply Sector
 
Creator Alonzo, Ruperto P.
 
Subject
 
Description This paper discusses the various issues related to the financing of the rural water supply sector, particularly the rationale behind national government's support for this sector before and after the implementation of Local Government Code (LGC) of 1991. As in order developing countries, the Philippine government views safe water as a minimum basic need-thus, it continued infusion of subsidy to this sector despite the devolution of responsibilities over water supply to local government units (LGUs). But to get government support, water supply projects must be economically feasible. This paper shows how the national government should determine the extent of support it must give to LGUs in financing the capital cost of water supply. Generally, the higher an LGUs cost of capital, the higher is national government's level of support.
 
Publisher Philippine Review of Economics
 
Contributor
 
Date 1997-12-20
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/97
 
Source Philippine Review of Economics; Vol 34, No 2 (1997)
1655-1516
 
Language eng
 
Relation http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/97/483
 
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