Negociando la tierra: empresas extranjeras, minería a gran escala y derechos humanos en Colombia*

Abstract

The sharp increase in land acquisitions by foreign firms in African, Asian and Latin-American countries reflects a new phase of global capitalism. Colombia is no exception to this new trend of global capitalism, and in the last decade foreign companies have been visibly involved in the local land market. In this regard, this paper reviews from a Human Rights perspective the land acquisition strategies implemented by three foreign companies engaged in open-pit coal mining operations in La Guajira and Cesar. The results indicate that formality of land ownership and the institutional constraints on firms -related to corporate governance, being listed in stock markets and the veto power of international buyers- have a significant effect on the respect for Human Rights.