Water Privatization in Developing Countries: A Definition and Case Study
Multilateral Institutions Create and Maintain Reliance on Foreign Capital for Resources
By Theresa Hemsoth, published Sep 25, 2005
Published Content: 105 Total Views: 279,144 Favorited By: 3 CPs
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Takeaways
- After water privatization efforts in Bolivia, mass protests erupted over water rates
- 70 percent of Bolivians live under the poverty line
- After privatization, one-third of the income of poor residents went to water
Did You Know?
The IMF and World Bank, while usually helpful institutions, aided in Bolivia's debt
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Posted on 09/25/2005 at 8:09:00 PM