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Privatization can be placed in the wider context of globalization, a phenomenon which relates to the increased worldwide movement of finance and investment capital, goods, services, people, and information. Water is an important component that comes into the picture, both directly as through TNC-led water services, and indirectly, such as through virtual water trade. According to the opponents of globalization, this process has increased the power of transnational corporations (TNCs), international financial institutions (IFIs), the World Trade Organization, and some countries with strong economies, but the developing states have largely suffered, experiencing difficulty in asserting the full realization of the economic, social, and cultural (ESC) rights, wherein the human right (HR) to water is primarily seen to belong. The existing human rights legal framework is ill-equipped to deal with these actors. This chapter explores a way in which these actors may be held accountable for their impacts under the existing international human rights law (IHRL).
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- Human Right to Water Obligations, Corporate Entities, and Accountability Mechanisms
- Chapter 10
Systemische Notwendigkeit zur Weiterentwicklung von Hybridnetzen