Economy & debt


DTE Factsheet, May 2006

What is FDI?

Foreign Direct Investment (FDI) is an important feature of an increasingly globalised economic system. It occurs when a company based in one country makes a long-term investment in a company located in another country. The 'home country' company may gain partial or total control of the 'host country' company. The direct investor does this by purchasing an existing overseas enterprise, providing capital to start a new one or buying 10% or more of it.

Down to Earth No 68   February 2006

Indonesia's Anti-Debt Coalition (KAU) has accused the Indonesian government of lacking any sense of urgency in its post-tsunami reconstruction work. In a statement issued exactly one year after the disaster struck, KAU criticised the government of President Susilo Bambang Yudhoyono for failing to seize opportunities to reduce Indonesia's debt.

Down to Earth No 67  November 2005

Indonesian NGOs are concerned that fuel price rises are increasing poverty, while long term energy plans are failing to encourage alternatives to fossil fuels.

Indonesian politics have been dominated throughout the fasting month of Ramadan by the government policy to reduce fuel subsidies. The move breaks a promise made by SBY that fuel price rises in March would be the last this year. It has sparked weeks of angry protests and is already causing hardship for ordinary people.

Down to Earth No 67  November 2005

A couple of months after the September World Summit 2005, the dust has settled at the UN Headquarters in New York. World leaders have long returned to their capitals, supposedly to do their homework. Meanwhile, activists the world over share their discontent over the outcome of the meeting: their hopes for change have been dashed.

This was the summit that was going to make poverty history.

Down to Earth No 66  August 2005

Flash floods hit southeastern Aceh in late April, killing at least nineteen people and injuring dozens more. The disaster can be linked to the huge demand for reconstruction timber in post-tsunami Aceh.

The floods brought rocks, logs and water crashing down hillsides, completely destroying people's homes late on April 26th, when most villagers were asleep. The villages of Lawe Gerger, Lawe Mengkudu, and Lawe Lak-Lak in Southeast Aceh district, were worst hit.

Down to Earth No 66  August 2005

Protests have greeted a new regulation on land issued by President Susilo Bambang Yudhoyono in May.

The new Presidential Regulation on Land Procurement for Public Development, (Perpres No 36/2005) permits the compulsory acquisition of land for the public good. It lists some 21 types of public development, including toll roads and telephone networks.

Down to Earth No 66  August 2005

Interview with Marcus Colchester

Marcus Colchester is Director of the international NGO, Forest Peoples Programme, and a member of DTE's management committee. He has participated with Indonesian NGO, Sawit Watch, in the Roundtable on Sustainable Palm Oil (RSPO) as a member of its Criteria Working Group.