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

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