Monday, November 24, 2008

Madagascar Daewoo

"South Korea has just leased half of all the arable land in Madagascar according to the Financial Times. This has stirred quite a debate in the Malagasy blogosphere about land sovereignty and economic development. It is still unclear whether the land deal has actually been signed by both parties. Meanwhile, bloggers are arguing whether this sort of deal should be considered "neo-colonialism”." (Thanks D.)

Read a detailed account here.

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