Bolivia Nationalizes the Oil and Gas Sector |
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Business Environment Case Studies Please note: This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source. |
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The Nationalization Spree Contd...
Antoine Halff, energy analyst at Fimat International Banque SA,7 said, "This is a continuation of the trend toward increasingly aggressive resource nationalization that we have seen across many countries in Latin America, starting in Venezuela. The measure is in line with the populist tone of the new regime in Bolivia; however, how it is carried out in practice still seems somewhat unclear."8
7] Fimat International Banque S.A is one of the largest global
brokerage companies in the world. is a wholly owned subsidiary of Société
Générale Group. It offers services to a vast majority of financial
institutions, large global industry players on listed or OTC derivatives,
cash products such as fixed income, tangible commodities, forex, and
equities. (Source: http://www.fimat.com/fimat/). |
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