By Nicola Bullard According to the publicity, the Asia Pacific Economic Cooperation (APEC) is an economic forum composed of twenty-one counties bordering the Pacific, and accounts for 46 per cent of the world’s trade and...
Read Moreby Walden Bello, the Nation Newspaper, 5 December, 1997, Bangkok, ThailandThe IMF austerity measures brought a decade of zero or minimal economic growth in Latin America and Africa. Similarly, Asia will see the recession induced...
Read More(A paper prepared by Kamal Malhotra, Co-Director, Focus on the Global South, Chulalongkorn University Social Research Institute, Bangkok, Thailand in November 1997 for Action Aid UK’s Development Context Project.) 1. The Fast...
Read More(A paper prepared by Kamal Malhotra, Co-Director, Focus on the Global South, Chulalongkorn University Social Research Institute, Bangkok, Thailand for presentation at the 7th General Assembly of the Asia Partnership for Human...
Read Moreby Walden Bello, the Nation Newspaper, 4 December, 1997, Bangkok, Thailand The dependency on foreign capital to bring about rapid industrialisation has resulted in profligate spending in Southeast Asia, says Walden Bello in the...
Read Moreby Walden Bello, in The Nation Newspaper, 3 December, 1997, Bangkok, Thailand The bane of Southeast Asian tiger economies is due to their rapid industrialisation strategy which is highly dependent on foreign capital, argues...
Read MoreEasy Money on Silom Street: Or How Bangkok’s Financial Yuppies (with Some Help from Their Foreign Buddies) Brought Down the Economy by Walden Bello published by Business World, Manila, Philippines, November 1997 The Thai...
Read MoreBy Ehito Kimura Over thirty events directly related to the People’s Summit on APEC took place the week of November 17-24. Activities ranged from conferences, workshops, plenaries, press briefings, films, rallies, and mock...
Read MoreBy Walden Bello The fifth summit of the Asia-Pacific Economic Cooperation (APEC) held in Vancouver in the last week of November was marked by a remarkable reversal of roles from previous meetings. During the past three summits,...
Read MoreWalden Bello Perhaps an even bigger surprise than the collapse of the economies of Southeast Asia has been the implosion of the Korean economy. The coming of the IMF has only triggered an even greater loss of confidence with the...
Read Moreby Walden Bello* “Turmoil” has been the operative word used to describe the economic situation in Southeast Asia since the de facto devaluation of the Thai baht on July 2, 1997. By late October, when this report was...
Read MoreBy Nicola Bullard LEADERS at the recent G-15 meeting in Kuala Lumpur made it clear that the Multilateral Agreement on Investment being negotiated by the Organisation for Economic Cooperation and Development, and which many see...
Read MoreBy Ehito Kimura This week, eighteen heads of state (or near heads of state) from the Asia Pacific will gather amid much pomp and circumstance to discuss the exciting topic of regional economic cooperation. Asia Pacific Economic...
Read Moreby Walden Bello* (This paper was originally prepared for the Hivos Partner Consulation, Trivandrum, Kerala, India, September 1-3, 1997.) Overviews are always broad-strokes affairs that inevitably miss many key dimensions,...
Read Moreby Nicola Bullard* Why is no-one saying the truth? Why is no-one admitting that Thailand’s economic crisis is the predictable consequence of a development model which is deeply flawed, profoundly unfair in its distribution...
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