International Financial Institutions

Down to Earth No. 41, May 1999

Farmers, workers, indigenous peoples, fisherfolk, NGOs, students and academics are coming together to formulate people-centred, environmentally sound development strategies to replace the obsolete, bankrupt and abusive money-centred practices of the Suharto era.

Down to Earth No. 39, November 1998

New mining investment has been in the doldrums since last year's Busang fraud and the slump in world metals prices. Japanese investors are pulling in their horns; many Indonesian companies face bankruptcy. In its desperation to attract and keep foreign investment in Indonesia, Habibie's government is giving international mining giants like Newmont and Rio Tinto an easy ride.

Down to Earth No. 37 May 1998

European Union funding of the Gunung Leuser National Park and the Leuser Ecosystem is the target of criticism in an investigation by the UK-based NGO, the Rainforest Foundation, published in March 1998. The programme, to protect one of the largest tracts of rainforest in S. E. Asia, was one of three case studies in a report on the environmental and social impacts of European Commission funding in tropical areas.

Down to Earth No. 36 February 1998

The rapid expansion of oil palm plantations is enriching the entrepreneurs but impoverishing farmers whose lands are taken over for development.