Russia is going through a complicated period of transforming its economy with a focus on the expansion of private sector activity. This includes reforms in the field of municipal water supply and wastewater disposal. This report presents an analysis of the condition of the municipal water supply and wastewater systems in Russia in the early part of the 21st Century and tries to provide answers to the eternal questions: what are the causes of problems faced and what needs to be done to solve them? The objectives of the reform of Russia's Vodokanals are described, along with the regulatory...