Bolivia was required to privatize pubic enterprises to secure loans ... Bolivia has sold its national railroad, airline, telephone companies to foreign ...
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The Cochabamba Water War
A Flashpoint in the Global Conflict Over Natural Resources Privatization
to obtain permits for water extraction.
Half of the increase was necessary for paying
down the more than $30 million debt that was
accumulated under the public utility that had
previously operated the system.
Water’s Future in Cochabamba
“Water promises to be to the twenty-first century what oil was to the twentieth…”
- Fortune Magazine May 2000