Cochabamba water privatization
This case has been one linchpin of the anti-privatization, anti-globalization movement. But what are the real lessons?
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Indeed in Bolivia was the worst of both worlds: a private monopoly backed by a corrupt government, add uninformed public opinion, ambitious politicians, etc. the perfect storm. Bolivia has been often a good example of vicious circles in public politic
The problem is that currently in Cochabamba the situation is worst than ever. Government accuses of "sabotage" but the truth is that the projects of investment are made with an incredible lack of proficiency, very few projects are executed as planned, most of them are successively amended and many never executes because of groups of special interest pressure. politic surpasses any technical decision and the most damaged are the poorest, as usual.