The Bail Out Business is the most comprehensive and thorough analysis of the response to the 2008 financial crisis to understand who benefits from rescue packages in the EU. How effective were the bail out measures? What were the hidden costs to the taxpayer? and what was the role of the Big Four (audit firms) and financial consultancy firms in the business of designing and implementing bail out programs in EU Member States?
Le Monde Diplomatique - The latest study from the Transnational Institute (TNI) on the effects of the ‘privatising industry’ in Europe concludes that ‘there is no evidence that the privatised companies are more efficient’. Instead, privatisation has undermined wage structures, made working conditions worse and increased income inequality.
Thruthout - Private companies have been working to make a profit from water since the 1600s, when the first water companies were established in England and Wales. The first wave of water privatization occurred in the 1800s, and by the mid- to late-19th century, privately owned water utilities were common in Europe, the United States and Latin America, and began to appear in Africa and Asia.
Huntington News - On Feb. 5, New Jersey became the latest state to subvert democracy by authorizing the fast-track sale or lease of water utilities without public notice, comment, or approval. The controversial decision highlights the intensifying struggle over who owns, controls, and profits from the most precious - and threatened - resource on Earth.
Lagos is among the many cities in the global south where investment in water supplies is desperately needed, yet there is no consensus on whether the answer lies with private management, the public sector, or a combination of both.
Corporate Europe Observatory et le Transnational Institute, engagés de longue date dans les luttes pour la republicisation de l’eau, en Europe et dans le monde, viennent d’ouvrir le site remunicipalisation.org qui présente une cartographie mondiale des collectivités qui ont repris la maîtrise publique de leurs services d’eau.