A Business Analysis of the Partial Nationalization of Zambia's Copper Industry 1969-1981
The Zambian government' 51% nationalization of the country's copper mines in 1969 was motivated partly for economic purposes—a kind of learning-by-doing was anticipated—and partly for political reasons. It appears that the Zambians did obtain a semblance of managerial control and “national ownership,” but at a very high financial price. The article estimates that the direct revenue loss was over $1 billion through 1981, not counting various disguised costs. The findings are based primarily on an in-depth analysis of the mining companies' annual reports from 1964 through 1981.© 1985 JIBS. Journal of International Business Studies (1985) 16, 137–163
Volume (Year): 16 (1985)
Issue (Month): 1 (March)
|Contact details of provider:|| Web page: http://www.palgrave-journals.com/|
|Order Information:|| Postal: Palgrave Macmillan Journals, Subscription Department, Houndmills, Basingstoke, Hampshire RG21 6XS, UK|
Web: http://www.palgrave-journals.com/pal/subscribe/index.html Email:
When requesting a correction, please mention this item's handle: RePEc:pal:jintbs:v:16:y:1985:i:1:p:137-163. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Iulia Badea)
If references are entirely missing, you can add them using this form.