Indigenous organizations led by CONAIE and the Coalition in Defense of Water and Life (Coordinadora) launch a massive uprising in Cochabamba, Bolivia, blocking roads and marching on the capital to protest World Bank-imposed water privatization. Throughout the 1990s, Bolivia faced increasing pressure …
Bechtel CorporationAguas del TunariWorld BankHugo BanzerCoalition in Defense of Water and Life+2 moreshock-doctrinestructural-adjustmentworld-bankprivatizationbolivia+3 more
In the context of the 1998 Asian Financial Crisis, multinational organizations like McKinsey, the IMF, and World Bank recommended aggressive corporate restructuring strategies for Southeast Asian economies. The recommendations focused on financial sector reforms, governance improvements, and policy …
McKinsey & CompanyIMFWorld BankMultinational Corporationsasian-financial-crisiscorporate-strategyeconomic-interventionmarket-restructuringimf-policy+1 more
The IMF provided a $10 billion bailout to Indonesia in November 1997, imposing stringent structural adjustment conditions that demanded banking sector reforms, public spending cuts, and market deregulation. These policies, while intended to stabilize the economy, resulted in significant social …
IMFSuharto GovernmentWorld BankMcKinsey & Companyimfstructural-adjustmenteconomic-shock-therapyasian-financial-crisisindonesia+2 more