Evaluation

Question 1

POE for state ownership

Answer 1

Drivers for state ownership:
* Cost of living pressures
* Investment in infrastutructure over short term profits (Thames Water)
Evaluation:
* Dynamic efficiency (more when private or public?)
* Consumer welfare (services improved and affordable?
* Equity (will outcomes be more fair)
* Is the market contestable?
Look at it in case by case basis.