The financing history of urban water infrastructures in Paris (1807-1925): lessons from the past to enlighten present and future challenges ?

Olivier Crespi Reghizzi
Additional contact information
Olivier Crespi Reghizzi: CIRED - centre international de recherche sur l'environnement et le développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique, Certet - Bocconi University [Milan, Italy]

Post-Print from HAL

Abstract: Sustainable financing is a major challenge for the water sector both in many developing countries where water and sanitation services are still in the expansion phase and in Europe where the water industry is faced to major investments needs too. To give more depth to the present policy debate a historical perspective on water services financing is needed. This paper is focused on the financing history of the Paris water infrastructure brought to completion in the 1807-1925 time frame (Ourcq canal, water supply network and sewers, long distance aqueducts, water treatment plants, waste water treatment units). A variety of financing schemes and institutional solutions (municipal budget - fiscal resources, concession, municipal bond and land added value capture schemes) are identified and described. A deeper analysis is made on the financial flows of Paris' water, sanitation and canals service over the 1893-1930 time frame. A discussion on the institutional choices and on the long run cost allocation of the chosen financing schemes is made. It appears that long term debt, inflation and land added value capture mechanisms played key roles in absorbing part of the investments' costs. Lien vers le texte intégral : http://wp.demm.unimi.it/tl_files/wp/2012/DEMM-2012_022wp.pdf

Date: 2012-06-22
References: Add references at CitEc
Citations:

Published in European Economy Workshop - Unimi, Jun 2012, Milan, Italy

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00973889

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().