Local Economy Takes Root in Liberia (re-post)

Reblogged from Peace Dividend Trust – published on Sept. 28, 2011

How do corporations secure natural resources (such as rubber) in a sustained way over a long period of time – knowing that most resource-rich countries are also usually prone to instability? The way corporations have traditionally done so is by signing long-term deals with the government of the country (be it a democratically elected one or not) and providing some basic services to the employees it hires (usually as little as their company’s Corporate Responsibility allows) – Firestone style. This old model is attractive because it is financially viable.

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