The history of finance capital in Asia as a whole
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Fat Times for Scavengers
- By IPS Correspondents, 29 March 1998. Corporate scouts
circle like vultures over Asia, hunting for economic
bargains. Since last summer, thanks to IMF
conditionalities, U.S. investment scouts acquire Asian
assets.
- IMF’s Asian Bailout Could Open
Markets for the Tobacco Giants
- By Suein L. Hwang and Michael M. Phillips, Wall
Street Journal, 16 December 1998. The Asian
economic bailout effort has a controversial side effect:
helping open markets in South Korea and Thailand to global
tobacco giants.
- The Great Global Asset Swindle
- By Robin Hahnel, ZNet Commentary, 23 March 1999. An
effect of the global economic crisis is that Western
multinational corporations and banks are busy buying up
the most attractive economic assets the third world has to
offer at bargain basement prices.