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Aid and trade in water and electricity in tsunami-affected countries: India, Indonesia, Sri Lanka, Thailand

By David Hall and Violeta Corral

Abstract

In the four countries most affected by the tsunami - India, Indonesia, Sri Lanka and Thailand, multinational companies have been pursuing lawsuits to claim compensation for failed private projects in water and electricity - compensation which could cost the countries more than the official aid for the Tsunami emergency from the USA, Canada, UK, Germany, France, the European Union, and China combined . Despite strong public opposition, the World Bank and other donors continue to promote privatisation in both water and electricity in these countries

Topics: HC, TK, TD
Publisher: PSIRU
Year: 2005
OAI identifier: oai:gala.gre.ac.uk:3626

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