Pablo Toral - Multinational Enterprises in Latin America since the 1990s

Multinational Enterprises in
Latin America since the 1990s

Pablo Toral

MULTINATIONAL ENTERPRISES IN LATIN AMERICA SINCE THE 1990s
Copyright Pablo Toral, 2011.

All rights reserved.

First published in 2011
by PALGRAVE MACMILLAN
in the United States a division of St. Martins Press LLC,
175 Fifth Avenue, New York, NY 10010.

Where this book is distributed in the UK, Europe and the rest of the world, this is by Palgrave Macmillan, a division of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS.

Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world.

Palgrave and Macmillan are registered trademarks in the United States, the United Kingdom, Europe and other countries.

ISBN: 9780230100459

Library of Congress Cataloging-in-Publication Data

Toral, Pablo, 1971 author.

Multinational Enterprises in Latin America since the 1990s / Pablo Toral.

p. cm

ISBN 9780230100459

1. International business enterprisesLatin America. 2. PrivatizationLatin America. 3. Investments, SpanishLatin America. I. Title.

HD2810.5.T66 2011

338.8888dc22

2010049482

A catalogue record of the book is available from the British Library.

Design by MPS Limited, A Macmillan Company

First edition: June 2011

10 9 8 7 6 5 4 3 2 1

Printed in the United States of America.

A Zuce

I wish to thank Eduardo Gamarra, Flix Martn, Nicholas Onuf, and Mira Wilkins at Florida International University (FIU) and Elisabeth Prgl at the Graduate Institute in Geneva for reading several drafts and providing thoughtful suggestions. Four anonymous reviewers from Palgrave-Macmillan made insightful comments and suggested ways to improve the manuscript. Without a doubt, this book is more solid thanks to their valuable observations. I also wish to thank Ralph Clem and Joaqun Roy at the University of Miami for their help to secure funding and for inviting me to present my work at the Miami European Union Center. Several friends read different parts of the manuscript and provided useful guidance: Arghyris Arghyrou (Montverde Academy), Roberto Domnguez (Suffolk University), Csar Francis (Universidad del Pacfico), Aart Holtslag (University of Massachusetts-Lowell), Renzo Honores (High Point University), Sandro Patrucco (Universidad Catlica del Per), Sebastin Royo (Suffolk University), and Laura Zanotti (Virginia Tech).

Universidad Catlica del Per and Universidad del Pacfico in Lima gave me access to their collections. I am particularly thankful to Felipe Portocarrero and Cynthia Sanborn at the Centro de Investigacin de la Universidad del Pacfico in Lima and Aldo Panfichi at Universidad Catlica del Per for giving me an office and a computer to work. Omar Awapara, Gabriela Camacho, and Eduardo Dargent at Universidad Catlica made sure I had everything I needed. I am also indebted to the students at Universidad Catlica and Centro Bartolom de las Casas in Cusco for their support and comments. Their suggestions helped me see Spanish multinationals in a broader sociopolitical context.

The following institutions provided generous funding for my research: the Mouat Chair and the Deans Office at Beloit College, the Department of International Relations, the Office of the Dean of Arts and Sciences, the Center for Transnational and Comparative Studies (TCS), the Latin American and Caribbean Center (LACC) and the Graduate Student Association (GSA) at FIU, the Miami European Union Center (Miami EUC), Fundacin para el Desarrollo de la Formacin en las Zonas Mineras del Carbn (funded by the European Union and the governments of Spain and Asturias), the Library Travel Grants of the Center for Latin American Studies at the University of Florida, the Minda de Gunzburg Center for European Studies and the David Rockefeller Center for Latin American Studies at Harvard University. My sincerest thanks go to the interviewees, who gave me their time and attention. I also wish to thank the Direccin General de Comercio e Inversiones at the Spanish Ministry of Industry, Tourism and Trade and the seven Spanish multinationals included in this study for sharing information. My sincerest thanks also go to students and colleagues at Beloit College for their endless support.