The accelerated program of global privatization and deregulation in the provision of water and waste water services presents a minefield of issues for the industry professional at all levels. Setting the scene with a thorough introduction to water resource issues, the book provides a balanced analysis of existing scenarios with transnational corporations in a service provision role, objectively highlighting the strengths and weaknesses in each case. Drawing on best practice from hard won experience the author provides frameworks and mechanisms of regulation which can be applied in the developed and developing worlds.