US water multinational Bechtel Corporation dropped its $50 million legal case in January against the people of Cochabamba for ending its contract to provide water to the citizens of Bolivia’s third-largest city. In April 2000, the company was forced to leave following massive protests against average rate hikes of over fifty per cent. In 2002, the company filed the legal action against Bolivia at the World Bank’s International Center for the Settlement of Investment Disputes (see Update 27). NGO The Democracy Center says this sends a message to other corporations that “we will make you defend your actions in the court of world opinion, not behind closed doors where only a handful of lawyers has a voice”.
BWP briefing explores IMF's labour market policies in the context of women in the informal economy and suggests they will not contribute to decreasing inequalities.
The Bretton Woods Project published an edited volume on the gendered impacts of some of the most commonly-prescribed macroeconomic policies of the IMF, covering tax, expenditure and labour policies.
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