 Law and Economic Coercion as Instruments of International Control: the Nationalisation of Chilean CopperCarlos Fortin Chapter 5 in The Nationalisation of Multinationals in Peripheral Economies, 1978, pp 132-160 from Palgrave Macmillan Abstract: Abstract To the casual observer, the 1971 nationalisation of copper in Chile by the government of Salvador Allende and its aftermath may appear as a typical example of the power of multinational corporations to thwart the attempts at economic independence of nationalistic governments in underdeveloped countries. All the elements of the well-known drama were there: the attachment of Chilean copper in European ports by the expropriated American corporations; the intervention of the United States government both to block international financial support to Chile, and to provide direct covert assistance to opposition forces; the increasingly deteriorating economic position of the Allende government in 1972 and early 1973; the bloody military coup that put an end to the Allende experiment and to Chilean democracy in September 1973; and finally the rush of the new Chilean military rulers to settle the dispute with the American multinationals through agreement on the payment of satisfactory compensation. Keywords: Constitutional Amendment; Military Coup; American Government; Chilean Copper; Excess Profit (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-03619-6_5 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-03619-6_5 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.