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Article

13 May 2014

Author:
Bobbie Sta. Maria & Phil Bloomer, Business & Human Rights Resource Centre

Burma's investment rush is leaving the poor majority behind

…[The case in Thilawa] is a telling metaphor for the development model of [Myanmar]...[T]here is no question that investment is needed…But civil society organisations are concerned at the one-sidedness of the business deals being struck and the lack of legal protections for vulnerable communities…Reported human rights abuses linked to national and international investors, as well as the lack of international standards in business and human rights, have led some civil society organisations to plead with the government to slow inward investment until basic guarantees are in place…But there are positive signs. We have observed an increase in positive efforts to promote business responsibility, transparency and accountability both inside and outside the country….But will all of these efforts and numerous others help…[the people adversely affected by development projects?]…