This book looks at the shift since the 1980s away from state-financed and towards privatised international infrastructure projects. An interdisciplinary group of contributors look at the relationship between privatisation and human rights in diverse national settings and in multiple sectors of the economy. These issues are explored through international organisation frameworks and internal policies, legislative guides, contracts, and public-private partnerships. The roles of the World Bank, MIGA, export credit agencies, the UN Commission on International Trade Law, credit ratings agencies, international banks, TNCs, NGOs, community groups and state agencies are examined.
Editorâs Introduction. âPrivatising Development: Global Project Finance Law and Human Rightsâ, Michael B. Likosky;
Part One. Frameworks;
Chapter One. âBeyond Naming and Shaming: Towards a Human Rights Unit for Infrastructure Projectsâ, Michael B. Likosky;
Chapter Two. âAn Evaluation of the World Bankâs New Comprehensive Development Frameworkâ, Lan Cao; Comment. âThe âRipple Effectâ in Social Policy and its Political Content: A Debate on Social Standards in Public and Private Development Projectsâ, Michael M. Cernea;
Part Two. Privatisation and Project Finance;
Chapter Three. âPRI and the Rise (and Fall?) of Private Investment in Public Infrastructureâ, Kenneth W. Hansen;
Chapter Four. âPrivate Capital and Infrastructure: Tragic? Useful and Pleasant? Inevitable?â,Don Wallace, Jr.;
Chapter Five. âRating, Dating, and the Informal Regulation and Formal Ordering of Financial Transactions: Securitisations and Credit Rating Agenciesâ, John Flood;
Chapter Six. âPrivatisation in Modern Banking Regulation: Selective Supervisory and Enforcement Dimensionsâ, J. J. Norton and H. M. Shams;
Part Three. Human Rights and Democracy;
Chapter Seven. âProject Finance and Consentâ, Carl S. Bjerre;
Chapter Eight. âFrom Global Forest Governance to Privatised Social Forestry: Company-Community Partnerships in the Ecuardorian Chocoâ, Laura Rival;
Chapter Nine. âGlobalisation, Democracy, and the Need for a New Administrative Lawâ, Alfred C. Aman, Jr..