3.4 Flashcards

1
Q

What percentage of the World consumes private water as of 2015

A

17%

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2
Q

What were the social consequences of the rise in the price of water in Cochabamba following the privatisation of the water supply there

A

Cochabamba’s poor had the choice of either paying 20% of their wages for water or feeding their children, This resulted in 4 days of riots and 170 casualties

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3
Q

Why does only 20% of La Paz’s population have an active connection to water supplies

A

Most cannot afford to pay $450 per month on average wages of £17

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4
Q

What was the condition given by the World Bank to Bolivia for renewing its $25bn

A

Privatise its water supply

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5
Q

What effect does placing a charge on water have on demand

A

It makes people more conscious about water usage and reduces demand as a result

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6
Q

After water supply was privatised in Cochamamba, how often did locals have access to water

A

2 hours a day and 3 days a week

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7
Q

How many people have been excluded from the private water supply in La Paz, Bolivia

A

200,000

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8
Q

What factors are necessary in order for privatisation to work

A

Lots of companies to create competition
Regulation to ensure citizens aren’t being overcharged
Prominent media toe expose corruption

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9
Q

What factors are necessary in order for public sector to work

A

Government investment to ensure it remains efficient. The sector should also be democratic (i.e. so the people don’t get ignored) and transparent

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10
Q

Which player is increasingly more responsible for making decisions about the water access

A

TNCs

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11
Q

Are IGOs such as the World Bank in favour of making water supply public or privatising it

A

Privatising

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12
Q

What was the name of the TNC that took over Cochabamba’s water system in 1999

A

Agua del Tunari, a subsidiary of US owned TNC Bechtel

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13
Q

Why did Agua del Tunari raise water prices

A

To pay for a major dam project and to ensure a 16% profit margin

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14
Q

What American think tank claims that “water is far too important to human health to be placed entirely in private hands”

A

The Pacific Institute

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15
Q

What type of good is water classed as by NGOs such as WaterAid and Oxfam

A

A public good - should be managed by national governments

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16
Q

What is the difference in water coverage between La Paz (private water supply) and Cochabamba (public water supply)

A

100% coverage to every street in La Paz (However, most houses aren’t connected as they can’t afford to do so) vs 45% coverage of pipes to individual houses in Cochabamba

17
Q

Why are some people in Cochabamba building their own wells

A

The Government owned water provider can’t supply 55% of the population due to inefficiency

18
Q

Which TNC runs the water supply in La Paz

A

Suez of France

19
Q

How much private investment does the IMF claim is needed to guarantee fresh water supplies in Bolivia

A

$50 billion

20
Q

In which other countries have anti privatisation riots occurred

A

Peru, Panama, Brazil and Colombia