chapter  11
28 Pages

Trade, investment and industrial pollution: lessons from Southeast Asia


The Southeast Asian economies have taken advantage of the globalising tendencies in the world economy over the past quarter century. Exports have grown rapidly, foreign capital has been attracted on a significant scale and industrial production has expanded at a phenomenal rate. Until the economic crisis beginning in 1997, Malaysia, Thailand and Indonesia were regarded as ‘miracle’ economies and held up as an example for other countries to emulate.