Multinational Corporations and the Politics of Dependence

"This book encompasses a history of Chilean relations with foreign copper interests, a theory of host-investor relations, an analysis of copper-pricing policies, and a discussion of methods of reducing friction between host countries and foreign suppliers of capital and technology. It is a thoughtful, well-documented attempt to draw theoretical and practical lessons from the post-war movement that led to the nationalization of Kennecott and Anaconda operations in Chile."--Business and Society Review "... [T]his is a splendid book to be highly recommended to business historians, to students of multinational corporations, to those interested in the problems of economic development (especially dependencia) and to everyone concerned with the interactions between government and business in less developed countries."--Business History Review

• *FrontMatter, pg. i*Contents, pg. vii*List of Tables, pg. ix*Statistical Appendix, pg. xi*Preface and Acknowledgments, pg. xiii*Introduction, pg. 1*Structure and Strategy in the International Copper Industry, pg. 16*The Multinational Copper Companies in Chile and the Growth of Economic Nationalism, 1945-1954: Declining Terms of Trade and the Early Elaboration of a Framework for Dependencia, pg. 57*"Good Investment Climate" and the Nuevo Trato Mining Legislation of 1955: Death and Rebirth of the Idea of Dependencia, pg. 89*From Chileanization to Nationalization: Success and Revenge in the Movement away from Dependencia, pg. 119*A Model of the Relations Between the Host Country and Foreign Investors: Balance of Power, National Interest, and Economic Nationalism, pg. 153*Chile and the Future of Dependencia, pg. 225*Economic Nationalism and the Future, pg. 247*Statistical Appendix, pg. 261*Bibliography, pg. 271*Index, pg. 281