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The purpose of this chapter is to analyse the possible causes of the Peruvian Amazon Company’s death.

This study uses secondary sources to document the trajectory of the Peruvian Amazon Company, the rubber export boom, and the different market forces affecting the wild rubber industry. By examining different sources that document the case of the Peruvian Amazon Company and the wild rubber extraction in the Amazon, this text aims to analyse the possible causes of the Peruvian Amazon Company extinction.

After analysing the existing literature on the Peruvian Amazon Company and the wild rubber industry, it was possible to find evidence about the problems related with land ownership, labour and international prices, along with the internationally known scandals, as the principal causes of the company’s death.

The case of the Peruvian Amazon Company, explores how an unsustainable business model could eventually lead a once successful company to its death. The contribution of the following chapter is based on the description of the causes of the Peruvian Amazon Company’s death. Previous studies had analysed the internationalization strategies implemented by the company. Although, an evaluation of causes of the company’s real extinction had not been presented.

This chapter explores the work of Stephen Bunker through a review of the role of women in Amazonian extractive economies and how shifting ideas of development affected them in the Western Amazon. While the initial development programs for Extractive Reserves focused on green marketing, consumer coops and value added through processing carried out in an urban factory in the village of Xapuri, as structural adjustment programs gained importance, the development emphasis shifted to decentralized processing and piecemeal contracts on the individual seringal (rubber tapping estate) or in mini factories in forests. While this was an appealing approach given the kinds of development concerns at the time; non-timber forest products, income generation for women in the forest itself, and neoliberal ideologies of economic and labor decentralization, it failed to appreciate the demands and the opportunity costs on women's time in rural areas and underestimated the importance of formal employment in urban areas. The logics on which the shift was justified, enhanced production, efficiency and lower costs, did not materialize.

Sunk costs are a key feature of extractive industries that profoundly shape regional economic development outcomes. In this chapter, we argue that sunk costs do so by influencing both the investment behavior of firms and the organization, as well as the performance, of extractive industries in ways that often deviate substantially from traditional neoclassical models of competitive markets with resource mobility. Sunk costs are defined, and the features that give rise to such costs are identified, followed by an analysis of the impacts of sunk costs on firms, regions, and economies. Sunk costs are shown to underlie two important phenomena associated with the economic experience of resource extraction – “Dutch Disease” and the “resource curse”. The chapter concludes with a discussion of the need for development policy to incorporate often overlooked sunk cost considerations into efforts to promote economic development in extractive economies.

In rural areas, geographic location is key to market access and labor mobility of farm households. This paper aims to investigate the opportunities and constraints of smallholder rubber farmers in southwest China to adjust to the changes in economic and institutional conditions, namely the declining rubber prices, emerging land rental markets and growing off-farm job opportunities.

The empirical basis is a dataset of some 600 rubber farmers in Xishuangbanna Dai Autonomous Prefecture, Yunnan Province, collected in March 2015. The study uses instrumental variable and recursive bivariate probit models to account for possible endogeneity and selection bias.

With rubber prices in decline, the elevation of rubber plantations is an essential factor for the costs of access to the local factor markets and influences farm households' possibilities to adopt coping strategies. Notably, we find a U-shape type of relationship between the location and renting-out land due to the decline in rubber profitability. Rubber producers in low elevations are better bestowed with access to local markets. Households in high elevations, where rubber planting came in later, can shift to new crops like tea. However, the economic resilience of farmers in middle elevations is low due to their higher adjustment costs.

The paper provides a constructive basis for designing more location-specific development policies and can help avoid the past often ineffective blanket measures. Its implications have significant relevance for areas with similar conditions, for example, the remote, ethnic minority–dominated and mountainous rural areas in China.

This paper estimates the sensitivities of the output of the manufacturing industries of the four Southeast countries (Indonesia, Malaysia, Philippines, Singapore) to both the country-specific and global business cycle fluctuations. The study investigates whether the business cycle exposures of these industries differ to their nature classified as producing durable or nondurable goods and also to booms and recessions.

Using annual time series data on sectoral manufacturing production indices for major manufacturing industries over the period from 1999 to 2018, this paper uses the seemingly unrelated regression (SUR)–based generalized least square estimator to estimate the exposures of each industry for each of the four countries to local and world business cycle.

The individual country analysis indicates that generally the sensitivities of the ASEAN manufacturing industries to booms and recessions are different from the pattern observed in the developed countries and Russia. We do not find evidence consistent with the commonly held view among economists and business managers that demand for durable goods flourishes in booms and falls in recessions. Also, very few industries exhibit an asymmetric reaction to booms and busts. However, the analysis of panel data reveals the expected pattern of industrial sensitivities to the local business cycle only.

The paper makes several contributions. Firstly, the model proposed in the paper estimates sensitivities of industries to both the local and global business cycle variations. Secondly, the model enables us to explicitly test the asymmetric reaction of industries to booms and busts. Thirdly, the paper is the first attempt to estimating business cycle exposures for manufacturing industries in emerging markets.

To critically assess the contribution of community-based logging, low-carbon emission non-timber activities, and direct payment for environmental services in building sustainable rural livelihoods in the Amazon.

Fieldwork undertaken in 2008, 2010, and 2013 on sources of income for 110 interviewed families living in and around three different types of conservation units located on the advancing frontier in western Pará State.

Three scenarios identified with very different socio-environmental outcomes, (1) the multi-functional combination of agricultural and non-agricultural activities replaces frontier farming, reduces deforestation and carbon emissions, increases income, and promotes social inclusion, (2) the mere juxtaposition of green alternative activities alongside unsustainable frontier farming has limited regional impact, and (3) environmental restrictions interfere with rural livelihoods to the point that people to leave the countryside.

Evaluation of the effectiveness of GO and NGO policies in one of the poorest and environmentally problematic regions of Brazil.

First-hand information at the family farmer level concerning sources of income from conventional and green land use systems which is essential for formulating viable socio-environmental policy capable of reducing deforestation and carbon emissions which negatively impact global climate change.

On the evening of 22 December 1988 the world lost one of its most dedicated environmental leaders. Chico Mendes, born Francisco Alves Mendes Filho, was shot down by ranchers as he walked out of the back door of his home in Xapuri, Brazil. Although Mendes achieved worldwide recognition for his efforts to protect the Amazonian rain forest and, in fact, has been proclaimed an “eco‐martyr,” his original and foremost concern was securing workers' rights for the indigenous people of the forest and preserving the land they lived on.

This paper presents comparative studies of modern transportation systems in the Bengal Delta and British Borneo. To meet the demands of the new modes of resource extraction, the British colonial rulers introduced a new transportation system in both regions and built roads, railways, and navigational routes connecting major commercial and political centers. There has been little research into the historical connections between modern transportation and environmental changes in colonial South Asia and Malaysia. When modern transportation was introduced, environmental consequences were rarely considered. As a result, significant ecological changes and declines were unintentionally caused. The environmental changes brought about by these transportation systems in these two regions were not the same one from the other. For example, railroad construction harmed the plains and waterways in the Bengal Delta, whereas, in British Borneo, rubber plantations for the global market harmed the rainforests.

This paper aims to argue that one of the ways of enabling tourism to become sustainable is for archaeologists to relate archaeology to poverty, while being aware of the process of heritage production. It proposes that one way to engage with issues of poverty is to talk to people who are trying to get out of poverty. Many archaeologists are already at work using a similar perspective not just to integrate international scholarship with local interests, but to hand over authority relating to aspects of research to the local community.

This paper reviews literature about and archaeological study in the Bolivian Amazon region. Here, all-weather roads are scarce and unreliable. Scholars are beginning to document and analyze the archaeological record of this region, and as lowland Bolivians develop tourism, the article considers how archaeology could help connect the Bolivian Amazon to an international audience.

An anthropological perspective suggests that projects in which local people are connected to decision-making will have long-term effects. Without such integration, cycles of boom and bust are likely to repeat. The article cites two examples: the inscription of the Ichapekene Piesta Moxos on the UNESCO Representative List of Intangible Cultural Heritage of Humanity, and the Museo Yacuma, in Santa Ana del Yacuma. Community archaeology, in which the community makes decisions about how research will proceed, is a developing trend, which stands to benefit local people, archaeologists and tourists.

The paper outlines how community archaeology in the Beni region of Bolivia can be built on a strong foundation: first, by a community of Benianos that are ready, willing and able to be a part of both the development of tourism and of archaeology and second, via its long and varied archaeological record, providing plenty of material for the development of heritage. The question is whether a community archaeology can generate and sustain archaeological heritage as part of a tourism industry?

The per capita GDP of the countries of Southeast Asia (SEA) varies from less than $5,000 to over $97,000. This paper aims to analyze the political factors behind such variation, such as wars, extreme politics, political instability, and kleptocratic governments and leaders, and how they affect the development experience within the region.

This paper uses the comparative political economy analysis approach to make a comparison among SEA countries using knowledge from well-known political–economic history and development data from World Development Indicators provided by World Bank.

A long period of political stability creates a favorable environment for investment that, in return, stimulates sustained economic growth in SEA. The countries have all grown rapidly, but their experience of development varies. The four countries that avoided political extremes (Singapore, Malaysia, Thailand and Brunei) have the highest per capita incomes today. Those that have had long periods of war and political instability, but which have also had substantial periods of stability (Indonesia, Vietnam and the Philippines), come next. Cambodia and Laos have suffered long periods of war and are the least developed. Myanmar’s military rulers, through civil wars and kleptocratic mismanagement of the economy, have prevented growth much of the time.

Most studies of Southeast Asian growth have analyzed the experience of single countries and missed the central role played by extreme politics, including wars, to explain why some countries have much higher per capita incomes than others. This paper is expected to fill this gap.