BoholAnalysis

In one book that I recommend to be read by all development workers in the world (Deconstructing Development Discourse: Buzzwords and Fuzzwords), much has been said about privatization. Below are some of those noteworthy passages: “The words ‘privatisation’ and ‘social protection’ have come together with increasing ease. In the early 1990s, in developing countries and in the newly defined ‘transition countries’, the main reform promoted by the international financial institutions was the privatisation of pen sions, with dreams of privatising health care and other aspects of social protection soon afterwards.” (Standing, 2010, pg. 73). “Thus the wave of privatisation, denationalisation,elimination of subsidies of all sorts, budgetary austerity, devaluation,and trade liberalisation initiated a deep social desperation throughout the Third World.”(Leal, 2010, pg. 90). Bohol had its share of this buzzword, especially in the context of utilities, when in December 2000, the Provincial