The International Aluminium Cartel: The Business and Politics of a Cooperative Industrial Institution (1886-1978) (Routledge International Studies in Business History)
| Author | : | |
| Rating | : | 4.58 (888 Votes) |
| Asin | : | 0415742544 |
| Format Type | : | paperback |
| Number of Pages | : | 416 Pages |
| Publish Date | : | 2017-07-17 |
| Language | : | English |
DESCRIPTION:
The International Aluminium Cartel makes a significant contribution to discussions of varieties of capitalism. 'In this compelling study of international aluminium cartels, Dr Bertilorenzi deploys his fine grained analysis of a wide coverage of the key sources to explore the political economy of cartelization. I strongly recommend it.' - Hans Otto Frøland, Professor, The Norwegian University of Science and Technology, Norway. It will be read with equal profit by academics and students in humanities and social science faculties, as well as business and management schools alike. Bertilorenzi offers a new insight and new information about the inducement, the modus operandi and the disintegration of the various cartels with a well-structured and accessible style. Policymakers and regulators will also profit from it.&
. Marco Bertilorenzi is Researcher at the Université de Paris-Sorbonne, France
Managers of the aluminium industry from various historical eras and countries shared the same vision about the development of their industry: to keep prices as stable as possible in order to encourage expansions and to provide return on investments. Price instability, which characterised the trade of other commodities, was unknown to the aluminium industry. This bookneither argues that cartels are fundamentally evil, nor attempts to demonstrate that cartels are optimal business organisations. Born following the discovery of electrolytic smelting process in 1886, this industry, even in its infancy, established a cartel which characterised its history until nearly 1980. Aluminium was one of most cartelised industries in the international economic panorama of the 20th century. The International Aluminium Cartel offers explanations for the construction and collapse