Monday, August 20, 2018

Philippines: Disaster Capitalism, Inc



101 East investigates the corporations that profit from the chaos and misery of disaster-prone Philippines.

Every year, millions of Filipinos face the devastation of superstorms, earthquakesfloods and volcanic eruptions.
When Typhoon Haiyan destroyed islands across the central Philippines in 2013, the government found a new way to rebuild shattered communities in a nation critics say is often plagued by slow bureaucracy.
Twenty of the country's biggest local corporations were given the task of leading the reconstruction efforts.
By investing in emergency response centres, education programmes and relief delivery, the private sector is now on the front line of recovery operations in one of the world's most disaster-prone nations.

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