Trade and Investment

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 Walden Bello in this first of a three-part series.

The environmental community received an early Christmas gift a few weeks ago when the Malaysian government announced that it was suspending plans to build the controversial Bakun dam in Sarawak. Constructing the dam would have resulted in the clear-cutting of close to 70,000 hectares of forest land in an area that is already experiencing one of the world's highest rates of deforestation and the displacement of about 9,500 indigenous people.

by Kamal Malhotra, Co-Director, Focus on the Global South (FOCUS), Bangkok, Thailand. Paper prepared for the Regional Conference on "MonoCultural Cropping in Southeast Asia: Social/Environmental Impacts and Sustainable Alternatives, June 3-6, 1996, Songkhla, Thailand

I. INTRODUCTION

The negotiations during the Uruguay Round of the General Agreement on Trade and Tariffs (GATT) which concluded with its signing in 1994 and led to the creation of the World Trade Organization (WTO) early the following year were significantly focused on the issue of agricultural trade.

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