Privatisation of Water: The role of World Bank, IMF and WTO

Giant water projects, in most cases, benefit the powerful, dispossess the weak. Even when such projects are publicly funded, their beneficiaries are mainly construction companies, industries, and commercial farmers. While privatization is gener­ally couched in rhetoric about the disappearing role of the state, what we actually see is increased state intervention in water policy, subverting community control over water resources. Policies im­posed by the World Bank, and trade liberalization rules crafted by the World Trade Organization (WTO), are creating a sweeping culture of corporate-states all over the world.

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