The Water Barons
30 julio 2007The privatization of public water systems around the world, driven by a handful of European corporations and the World Bank, is increasing dramatically despite sometimes tragic results.
The privatization of public water systems around the world, driven by a handful of European corporations and the World Bank, is increasing dramatically despite sometimes tragic results. The Water Barons, by the International Consortium of Investigative Journalists, a project of the Center for Public Integrity, shows that the three largest water utility companies have expanded since 1990 into nearly every region of the world, raising concerns that a handful of private companies could soon control a large chunk of the world's most vital resource.
While private companies still run only about 5 per cent of the world's waterworks, their growth over the last 12 years has been enormous. The report tracked the operations of the six most globally active water companies and found that operations had grown nearly five-fold.
