I came across this video below from the Guardian website on Duncan Green's blog. An Indian company has bought an area of land the size of Wales in south-west Ethiopia for which it pays the Ethiopian government just over US$200 a month. Most of the workers receive less than US$1 and the food produced will be exported to India. And this in a country where a large proportion of the population are still dependent on foreign food aid.
Is this just an inevitable consequence of globalisation, where the interests of large corporations supercede those of the indigenous population? Can private sector companies be held to account to ensure they give due regard to international human rights norms? Relevant to this issue, Guiding Principles on Business and Human Rights will be considered by the UN's Human Rights Council this June. The
The land grab phenomenon thows up a lot of questions regarding the fight against poverty and for sustainable development. Anyone got any answers?