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.
World Bank Enabling the Business of Agriculture rankings prescribe land privatisation at the expense of family farmers, pastoralists, and Indigenous Peoples.
As debt crises across the African continent continue to soar, concerns are raised about the gendered impact of debt-servicing conditions imposed by international financial institutions.
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