Expropriations of foreign property and political alliances::A business historical approach

Abstract

This paper proposes a classification of government expropriations of foreign property based on the types of alliances sought out by governments in their quest for support for those actions. Based on a review of historical literature and social science studies of expropriations in Sub-Saharan Africa and Latin America in the twentieth century, we define three types of alliances: with organized labor; with domestic business owners or with sections of the civil service or the ruling party. We posit that each sector allying itself with the government expects rewards from the expropriation. We maintain that the type of alliance is determined by several factors, in particular, the longevity and legitimacy of the nation-state of the expropriating country; the strength of organized labor; and the political participation and strength of the domestic business sector. Our framework complements existing studies explaining when and why expropriations take place.

Publication DOI: https://doi.org/10.1017/eso.2019.66
Divisions: College of Business and Social Sciences > Aston Business School > Work & Organisational Psychology
College of Business and Social Sciences > School of Social Sciences & Humanities > Centre for Critical Inquiry into Society and Culture (CCISC)
College of Business and Social Sciences > Aston Business School
Additional Information: The final publication will be available via Cambridge Journals Online at https://www.cambridge.org/core/journals/enterprise-and-society
Publication ISSN: 1467-2235
Last Modified: 27 May 2024 07:32
Date Deposited: 20 Sep 2019 14:46
Full Text Link:
Related URLs: https://www.cam ... 0E38094CB10D487 (Publisher URL)
PURE Output Type: Article
Published Date: 2021-03
Published Online Date: 2020-02-28
Accepted Date: 2019-09-18
Authors: Bucheli, Marcelo
Decker, Stephanie D (ORCID Profile 0000-0003-0547-9594)

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