Two of the promises made 16 years ago when El Salvador’s pension system was privatised have failed to materialise: There was no expansion of social security coverage and no improvement in pensions. Now pressure is growing for a reform of the system.
Plans by the Greek government to sell companies that handle the key resources of energy and water face serious obstacles and its policy to offer investors exceptional privileges in an effort to boost interest in privatisation is coming under strong pressure.
Everyone in Puerto Rico agrees that the island's ailing Electric Power Authority (PREPA) is badly in need of an overhaul, both in engineering and economic terms.
After two decades of aggressively privatising its public services, the Philippines is beginning to realise the cost of mindless market reforms.
Record temperatures at the start of the southern hemisphere summer in Argentina have been accompanied by highs on the thermometer of social discontent, as consumption peaks left thousands without electricity and threw into sharp focus the failings of the privatisation of the power industry in the 1990s.
As Mexico is about to open its oil industry up to foreign investment, it will need penalties for negligence and regulations that force private firms to follow best practices in order to avoid problems like oil spills, analysts say.
As government representatives gather Tuesday in Indonesia for what could be final negotiations towards a global trade agreement under the World Trade Organisation (WTO), environmentalists and social justice campaigners are urging them to specify that water resources cannot be treated as commodities.
Two new trade agreements involving the two economic giants, the United States and the European Union, are leading a charge against the role of the state in the economy of developing countries.
The latest railway tragedy in the Argentine capital, the third in less than two years on the same commuter line, brought to light the severe limitations of a hybrid public-private system, despite the changes underway.
"Peace at home, peace in the world" is the official motto of the Turkish Republic. Coined in 1931 by the republic's founder, Mustafa Kemal Ataturk, it implies a causal relationship, but the events this week in Istanbul and dozens of other cities of Turkey suggest that causality can work in reverse order, too.
Any sense of tranquility that hangs around the mountain of Skouries in northern Greece, 80 km east of Greece’s second largest city Thessaloniki, is a façade. Home to some of the oldest forests in Greece, the pristine region is now a battleground, as the local population takes on the Canadian mining giant Eldorado Gold Corporation and its local subsidiary, Hellas Gold.
More than 100 environmental, social and indigenous organisations protested Monday in the Chilean capital to demand that the state regain control over the management of water, which was privatised by the dictatorship in 1981.
Oil, the symbol of modern Mexico, is once again stirring up local political waters, with turbulent debates on the fate of the state-owned oil monopoly and conflicts over the privatisation of key economic and strategic areas.
Several dozen people filled the seats in a downtown storefront Tuesday night to plan how to save a landmark
they say belongs to the community - a 99-year-old post office the United States Postal Service wants to sell.
For several decades, governments around the globe have turned to privatisation as the best option to help relieve the world's destitute by providing them with health care services, water and electricity. By and large, however, this effort has failed.