Multinationals and Maldevelopment: Alternative Development Strategies in Argentina, the Ivory Coast and Korea

228 Pages·1988·20.36 MB·English

by  Lawrence R. Alschuler (auth.)

MULTINATIONALS AND MALDEVELOPMENT
Also by Lawrence R. Alschuler
PREDICTING DEVELOPMENT, DEPENDENCY, AND CONFLICT IN
LATIN AMERICA
DEPENDENT AGRICULTURAL DEVELOPMENT AND AGRARIAN
REFORM IN LATIN AMERICA (editor)
DEVELOPPEMENT AGRICOLE DEPENDANT ET MOUVEMENTS
PAYSANS EN AMERIQUE LATINE (editor)
Multinationals and
Maldevelopment
Alternative Development Strategies in
Argentina, the Ivory Coast and Korea
Lawrence R. Alschuler
Department of Political Science
University of Ottawa, Canada
Palgrave Macmillan
ISBN 978-1-349-08678-8 ISBN 978-1-349-08676-4 (eBook)
DOI 10.1007/978-1-349-08676-4
© Lawrence R. Alschuler, 1988
Softcover reprint ofthe hardcover 1 st edition 1988 978-0-333-41561-0
All rights reserved. For information, write:
Scholarly & Reference Division,
St. Martin's Press, Inc., 175 Fifth Avenue, New York, NY 10010
First published in the United States of America in 1988
ISBN 978-0-312-00531-3
Library of Congress Cataloging-in-Publication Data
Alschuler, Lawrence R., 1941-
Multinationals and maldevelopment.
Bibliography: p.
Inc1udes index.
1. Economic development--Case studies.
2. International business enterprises--Case studies.
3. Argentina-Economic policy. 4. Ivory Coast
Economic policy. 5. Korea (South)-Economic policy-
1960- . I. Title.
HD82.A5493 1987 338.9 87-4307
ISBN 978-0-312-00531-3
To Zoe and Freda,
multinational enterprises I cherish
Contents
List of Tables ix
~~~~ x
~~ D
1 Multinationals: Engines of Development or
Maldevelopment? 1
Introduction: trains of thought on maldevelopment 1
Model construction 3
Triangulation: a methodology 23
2 Argentina: From Egalitarian Stagnation to
Authoritarian Growth 27
Historical background 28
Six political regimes: 1946-76 33
Multinationals, development and dependence in
Argentina 57
3 Ivory Coast: Libertarian Growth without Equality 65
Historical background 65
Three development plan periods: 1960-75 68
A re-examination of three myths in the Ivory Coast 96
4 Korea: Authoritarian Growth with Equality 103
Introduction 103
Historical background 106
Three development plan periods: 1962-76 115
Multinationals, development and dependence in
Korea 133
5 Alternative Development Strategies and
Maldevelopment 161
Direct impacts of multinationals on maldevelopment 162
Parallels between national development strategies
and multinational strategies 164
vii
Vlll Contents
Development strategies and maldevelopment 168
Explaining maldevelopment in Argentina, the Ivory
Coast and Korea 176
Conclusions 183
Notes 187
References 201
Index 209
List of Tables
1.1 Typology of Situations of Maldevelopment 6
1.2 Typology of State Regulation of Foreign Capital 11
1.3 Comparison of the Cases 25
3.1 Percentage Distribution of Exports to Various
Countries, 1960-70 74
3.2 Percentage Composition of Exports, 1960-70 76
3.3 Percentage of Employment by Sector and Nationality,
1971 and 1974 93
4.1 Trade Partner Concentration, 1910-41 109
4.2 Vertical Trade, 1915-41 109
4.3 Korean Economic Growth, 1960-75 112
4.4 Net Foreign Capital Inflows, 1962-76 112
4.5 Relationship Between Ownership Structure and
Market Orientation 136
4.6 Comparative Data on the Flow of Foreign Direct
Investment, 1972-76 139
5.1 Regime/Plan Periods by Type of Maldevelopment 162
5.2 Twelve Regime/Plan Periods According to Type of
State Regulation of Foreign Capital 165
5.3 Alternative Development Strategies in Argentina, the
Ivory Coast and Korea 169
5.4 Summary of Data on the Twelve Regime/Plan Periods 178
IX
List of Figures
1.1 Stage 1 Model 10
1.2 Stage 2 Model 21
1.3 Stage 3 Model 22
1.4 Stage 4 Model 23
5.1 Stage 4 Model Revised 176
x