Policies of the corporations afecting the defense of land and food
Since the early 1990s, Cambodia has been heavily reliant on foreign aid. The Cambodian Government is seeking to reduce donor-dependence and increase self-reliance, aiming to lift the country to the status of higher middle-income country by 2030. This goal depends heavily on increasing private investment, and the Government has described the private sector as the “engine of economic growth” for Cambodia. It is therefore seeking to encourage both foreign and domestic investment in order to maintain current growth rates and facilitate continued development of the country.
This report presents results of research into the destruction of forests and natural resources in Rattanakiri and Stung Treng Provinces, Cambodia. Over a number of months the researchers collected evidence and legal documentation, often working under dangerous and life-threatening conditions to record the activities of the luxury timber trade. The report has special relevance in light of recent pronouncements about preventing illegal logging in Cambodia.
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As an American investment giant that manages the retirement savings of millions of university administrators, public school teachers and others, TIAA-CREF prides itself on upholding socially responsible values, even celebrating its role in drafting United Nations principles for buying farmland that promote transparency, environmental sustainability and respect for land rights.
Keywords: Industrialization of agriculture, financial capital, international market,