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Shadow of gloom lengthens

by 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...

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‘Fast track’ capitalism

by 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...

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Addicted to foreign capital

by 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...

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Easy Money on Silom Street

Easy 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...

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MAI: The Devil You Don’t Know

By 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...

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