Nov 16, 2005
Is the water privatization heavily promoted by the International Financial Institutions, a good thing for the poorest in the developing countries? A new report by Nancy Alexander of the Citizen's network on essential services takes a skeptical view. A UN report, "Economic, Social and Cultural Rights: Liberalization of Trade in Services and Human Rights" claimed that increased foreign private investment in public services can upgrade national infrastructure, introduce new technology and provide employment. However, the report also argues that it can lead to negative impacts to the poorest.
































