Book contents
- Frontmatter
- Contents
- Preface
- 1 Introduction: multinational enterprise
- 2 History, the social sciences and economic ‘theory’, with special reference to multinational enterprise
- 3 The changing form of multinational enterprise expansion in the twentieth century
- 4 Electrical research, standardisation and the beginnings of the corporate economy
- 5 The nature of multinationals, 1870–1939
- 6 International price maintenance: control of commodity trade in the 1920s
- 7 Financial operations of US transnational corporations: development after the Second World War and recent tendencies
- 8 Multinational enterprise – financing, trade, diplomacy: the Swedish case
- 9 Foreign penetration of German enterprises after the First World War: the problem of Überfremdung
- 10 International industrial cartels, the state and politics: Great Britain between the wars
- 11 Vickers and Schneider: a comparison of new British and French multinational strategies 1916–26
- 12 J. & P. Coats Ltd in Poland
- 13 Multinationals and the French electrical industry, 1889–1940
- 14 The Japanese cotton spinners' direct investments into China before the Second World War
- 15 Mitsui Bussan during the 1920s
- 16 Japanese business in the United States before the Second World War: the case of Mitsui and Mitsubishi
- 17 The state and private enterprise in the United States–Latin American oil policy
- 18 Transnational corporations and the denationalization of the Latin American cigarette industry
- 19 Summary: Reflections on the papers and the debate on multinational enterprise: international finance, markets and governments in the twentieth century
- Index of names
- Index of firms
- Index of subjects
17 - The state and private enterprise in the United States–Latin American oil policy
Published online by Cambridge University Press: 04 August 2010
- Frontmatter
- Contents
- Preface
- 1 Introduction: multinational enterprise
- 2 History, the social sciences and economic ‘theory’, with special reference to multinational enterprise
- 3 The changing form of multinational enterprise expansion in the twentieth century
- 4 Electrical research, standardisation and the beginnings of the corporate economy
- 5 The nature of multinationals, 1870–1939
- 6 International price maintenance: control of commodity trade in the 1920s
- 7 Financial operations of US transnational corporations: development after the Second World War and recent tendencies
- 8 Multinational enterprise – financing, trade, diplomacy: the Swedish case
- 9 Foreign penetration of German enterprises after the First World War: the problem of Überfremdung
- 10 International industrial cartels, the state and politics: Great Britain between the wars
- 11 Vickers and Schneider: a comparison of new British and French multinational strategies 1916–26
- 12 J. & P. Coats Ltd in Poland
- 13 Multinationals and the French electrical industry, 1889–1940
- 14 The Japanese cotton spinners' direct investments into China before the Second World War
- 15 Mitsui Bussan during the 1920s
- 16 Japanese business in the United States before the Second World War: the case of Mitsui and Mitsubishi
- 17 The state and private enterprise in the United States–Latin American oil policy
- 18 Transnational corporations and the denationalization of the Latin American cigarette industry
- 19 Summary: Reflections on the papers and the debate on multinational enterprise: international finance, markets and governments in the twentieth century
- Index of names
- Index of firms
- Index of subjects
Summary
In a comparatively brief analysis it is clearly not feasible to provide detailed historical discussion of each national area in which the United States following the First World War established petroleum relations. The extant literature on inter-American relations in those years is now sufficiently well established, however, to provide an opportunity to assess the general nature of American oil policy and of the state-private sector relationship in particular.
This literature enables us to explore the state–private sector relationship on several levels; firstly, the relative importance of the two sectors in the formulation of policy; secondly, whether that relationship altered significantly during the period in question; thirdly, whether or not policy itself altered. On an entirely distinct level, one might examine the nature of United States policymakers' attitudes toward the involvement of the Latin American states in indigenous oil development. Finally, the historical record enables us to consider the extent to which United States policy influenced the role of the Latin American state in the oil industry. The answers that are offered here to these questions are suggestive only. The analysis is historical in nature, intended to explore ideology, political developments, and international relations rather than to evaluate in economic terms the actual importance of the oil industry to host societies, the private companies, or to the United States.
- Type
- Chapter
- Information
- Historical Studies in International Corporate Business , pp. 191 - 200Publisher: Cambridge University PressPrint publication year: 1989