News, Analysis and research on Land Reform and Agrarian Change around the world
A New York company managing the retirement savings of workers in Sweden, the US and Canada is evading Brazilian laws on foreign investment to acquire farmlands from a businessman accused of violently displacing local communities
English, French and Swedish sources
As an American investment giant that manages the retirement savings of millions of university administrators, public school teachers and others, TIAA-CREF prides itself on upholding socially responsible values, even celebrating its role in drafting United Nations principles for buying farmland that promote transparency, environmental sustainability and respect for land rights.
While it is true that the Philippines’ agrarian reform program has loopholes that have been creating problems for the law’s implementation, the program has also paved the way to reverse the plight of some farmers.
LUCENA CITY—Alma Rabena, 44, a longtime tenant of the vast Hacienda Matias in San Francisco, Quezon, in the province’s Bondoc Peninsula, said this year would be her most memorable Christmas as she received on Friday her certificate of land ownership award under the government’s agrarian reform program.
Keywords: Industrialization of agriculture, financial capital, international market,