
Water Supply Vol 5 No 6 pp 115 © IWA Publishing 2005
New directions in water economics, finance and statistics
K.P. Tsagarakis
Department of Economics, University of Crete, University Campus, 74100 Rethymno, Greece, (E-mail: kandila@her.forhnet.gr)
ABSTRACT
The IWA conference on water economics, statistics and finance involved multidiscipline participants from academia and industry and decision makers. A number of important issues were considered such as: how utilities are financed, the variety of water tariff structures, measurement of performance and benchmarking, national and regional water industry statistics, water facts, regulation, economic aspects, costs/benefits, feasibility analysis, as well as funding possibilities and practices. This is an overview paper that gives the state of the art on these issues, new directions, which were presented at the conference and the up-to-date literature. Keywords Benchmarking; efficiency; full cost recovery; water demand; water policy; water valuation
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