Cochabamba water privatization

This case has been one linchpin of the anti-privatization, anti-globalization movement. But what are the real lessons? Development Economics course: ...
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5 thoughts on “Cochabamba water privatization

  1. Don’ forget to mention that Bechtel, the California company which has been part of the Military Industrial complex and was the contractor for this privatization wanted the Bolivian government to go after people collecting rainwater of the roofs of their houses. Also, the Bolivian government was promised their debt to the world bank being forgiven in exchange for Bechtel to move in to privatize their waterways. The US did not have a trade agreement with Bolivia but the Netherlands did and Bechtel sued the Bolivian government for throwing them out through their daughter company in the Netherlands!

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