Refugees of Development:India and Multinationals
With the country’s 1991 economic reform package, India significantly reduced trade barriers, moving away from a model of self-sufficiency. The World Trade Organization and the International Monetary Fund have loaned India money to promote economic growth. Anti-corporate globalization activists warn that this trend towards liberalization has given multi-national corporations, like Monsanto, Dow, Unilever, and Coca Cola too much power at the expense of the people. On this edition, we take a close-up look at a small town in Southern India and their struggle against Coca Cola. We also hear from an Indian journalist and activist Nityanand Jayaraman, who has been following the impact of multi-national corporations in India. – www.radioproject.org
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