Multinational Corporations and the Politics of Dependence

This study deals with a topic of increasing concern--the relations between multinational corporations and their host countries in the Third World. Theodore H. Moran describes how a reaction against dependencia, a realization that the fate of the nation hinges on the decisions made by uncontrollable outside forces, can spur a host country to opt for control of an industry, exposing the country to new dangers as well as new opportunities.

Originally published in 1975.

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"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."