World Bank's water privatisation slammed
News||15 February 2010|update 69|
Indian NGO Manthan Adhyayan Kendra has updated its book Water: Private, Limited. Covering developments since 2002, the book states, "until a few years back the World Bank and other international donor agencies were promoting privatisation as 'the magic potion'. Now there is a more defensive language on privatisation. However, it would be wrong to see in this a rejection or reversal of the privatisation process." In the Bank's strategies for India, it finds pressure for private sector participation and commodification of the right to water. It calls for alternatives such as public sector reform and recognition of the fundamental right to water.
This text may be freely used providing the source is credited.
Published: 15 February 2010 , last edited: 2 March 2010
Viewings since posted: 6518
Climate Investment Funds Monitor 7: April 2013 25 April 2013
Working paper: The private sector and climate change adaptation: International Finance Corporation investments under the Pilot Program for Climate Resilience 24 April 2013
The UK's role in the World Bank and IMF: Department for International Development and HM Treasury 13 March 2013
The World Bank and industrial policy: Hands off or hands on? 6 December 2012
Climate Investment Funds Monitor 6: October 2012 26 October 2012