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Privatization policies responsible for current financial crisis, Bolivia tells UN

Bolivian president points to economic models that "simply privatize resources".

President Evo Morales Ayma of Boliviaby the UN News Service

September 24, 2008 — The current worldwide financial crisis has been caused largely by policies of privatization of basic public resources, Bolivian President Evo Morales Ayma has told the General Assembly's annual high-level debate.

Speaking last night before world leaders at UN Headquarters in New York, Mr. Morales said the annual debate was taking place at a time of rebellion by peoples against the existing economic order.

"This is a rebellion against misery and poverty; against the effects of climate change; a rebellion against the privatization policies which is what has caused the financial crisis," he said. . .

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  Privatization policies responsible for current financial crisis, Bolivia tells UN, UN News Service, September 24, 2008

Posted: September 26, 2008

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