A small club of international law firms, arbitrators and financial speculators are fuelling an investment arbitration boom that is costing taxpayers billions of dollars and preventing legislation in the public interest.
The controversial General Agreement on Trade in Services (GATS) of the World Trade Organisation has generated major social concern about the implications for the equitable provision of basic public services.
The secretive and lucrative world of international investment arbitration has enriched a small coterie of multi-billion dollar international firms, which actively promote and even help finance litigations against states and have fought fiercely to prevent changes to an unjust international investment regime.
Observatory on Debt in Globalisation (ODG), Transnational Institute (TNI), Mónica Vargas, Brid Brennan
24 June 2013
Forty years after Salvador Allende denounced corporate power at the United Nations General Assembly (December 1972), millions of people all over the world are involved in struggles against the human rights violations and the social and environmental injustice generated by transnational corporations.
Cecilia Olivet, Pietje Vervest, Giorgina Garibotto et al.
01 February 2013
This beginners' guide provides a critical perspective on EU’s trade and investment policies and the business interests they serve. TNI worked on the guide with a Europe-wide network of trade activists, belonging to the Seattle to Brussels network.
Brid Brennan, Olivier Hoedeman, Philipp Terhorst, Satoko Kishimoto
09 October 2004
The time has now come to refocus the global water debate to the key question:how to improve and expand public water delivery around the world? Important lessons can be learned from people-centred, participatory public models that are in place or under development in cities like Dhaka Bangladesh), Cochabamba (Bolivia), Savelugu (Ghana) and Recife (Brazil), to mention a few.
This working paper and infographic provide an overview of a great ‘fire sale’ of public services and national assets across Europe that is providing profits for a few transnational companies but is often fiercely opposed by its citizens.
A useful pocket guide on how a crisis made in Wall Street was made worse by EU policies, how it has enriched the 1% to the detriment of the 99%, and outlining some possible solutions that prioritise people and the environment above corporate profits.
Free trade or slave trade? How the EU's free trade agreements in Colombia and Peru reward human rights abuses, destroy livelihoods, promote land grabbing and strip governments of their sovereignty to regulate capital flows.
Bilateral investment treaties (BITs) allow transnational corporations to by-pass domestic courts and sue sovereign states - costing tax payers millions in legal expenses and preventing governments from acting in the best interests of their citizens.
The case of Newmont Mining vs Indonesia is a powerful example of how investment agreements are used by companies to get exemptions from government regulations and legislation, undermining democracy and development.
Will the world economy be forever more market-oriented and dominated by transnational corporations? This short and trenchant history of the organizations promoting economic globalization - the World Bank, IMF, WTO, and Group of Seven - points to their manifest failings.
This book takes readers on a journey through the rise and fall of the one-size-fits-all model of development that richer nations began imposing on poorer ones three decades ago. It brings into question the entire conventional notion of “development,” and offers readers a new lens through which to view the way forward for poorer nations and poorer people.