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Title: Strapped for cash, Asians plunder their forests and endanger their future 
Author: Donovan, Deanna
Date: 1999
Publisher: Honolulu: East-West Center
Abstract: As the economic crisis swept across Asia in 1997, gutting purchasing power in many countries, one potential silver lining seemed possible: a drop in demand for rhino and tiger parts, tortoises, wild orchids, fragrant woods, and other increasingly rare products of the region's forests. Though threatened with extinction, these and many other plants and animals, esteemed as medicinal marvels or status symbols, have fueled a vigorous trade buoyed by rising regional prosperity and market globalization. Today, contrary to expectation, the commerce in wild species and their products has increased substantially. The economic collapse that has been felt most keenly in Southeast Asia, combined with the continued relative prosperity of China and strong American and European economies, stimulates the flow of resources out of Southeast Asia and into East Asia and the West. Now, unexpectedly, it is increasing personal hardship that may pose the greatest threat to already endangered species and habitats, as cash-needy citizens turn to their forests for the income that their regular jobs and crops no longer provide. One result is the destruction of the very biological resources on which their future development depends.
Series/Report No.: AsiaPacific issues ; no. 39
Description: For more about the East-West Center, see http://www.eastwestcenter.org/
Pages/Duration: 8 pages
ISSN: 1522-0960
URI: http://hdl.handle.net/10125/3808
LC Subject Headings: Endangered species - Marketing - Asia
Rare plants - Marketing - Asia
Wild animal trade - Asia
Nature conservation - Southeast Asia
Nature conservation - China, Southwest
Financial crises - Asia
Southeast Asia - Economic conditions - 1945-
China - Economic conditions - 1976-

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  • AsiaPacific Issues [110]
    Papers in the AsiaPacific Issues series address topics of broad interest and significant impact relevant to current and emerging policy debates. These eight-page, peer-reviewed papers are accessible to readers outside the author's discipline.

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