More than a decade has now passed since the implementation of the
decision to privatise or restructure the world’s most prominent intergovernmental
satellite organisations, namely, the International TelecomA?
munications Satellite Organisation (INTELSAT), the International Mobile
Satellite Organisation (INMARSAT) and the European Telecommunication
Satellite Organisation (EUTELSAT). The ramifications of these notable
alterations of international institutions have yet to be fully evaluated. This
book, The Transformation of Intergovernmental Satellite Organisations:
Policy and Legal Perspectives, is intended to fill this void by analyzing the
complicated processes and associated corollaries of the structural reform
of these international satellite organisations. It is further considered that
the perspectives acquired from the passage of time since these decisions
were undertaken facilitate this research endeavour, as distance fosters a
clearer assessment of the procedures pursued and their resultant effects.
The first chapter, “Neo-liberalism: A Contextual Framework for Assessing
the Privatisation of Intergovernmental Satellite Organisations,” seeks to
situate the privatisation and restructuring of the ISOs within the larger context
of neo-liberalism. In the span of a few short years, these intergovernmental
satellite organisations were essentially disbanded as they were
simultaneously transformed into private corporate enterprises, owned, no
longer by governments and by extension, citizens, but now, in some cases,
by mutual fund management companies. This is an expansion of the application
of neo-liberal principles, which in the 1990s was evident in the global
diffusion of policy to reform and privatise national telecommunications
entities. In tracing the evolution of neo-liberal tenets from the 1980s
onward, noting its affects on the global economy, developing states, and
international institutions, this chapter seeks to employ an international
political-economic framework to critically examine the transformation of
the former intergovernmental satellite organisations.