Natural resources, neopatrimonialism and norms The case of the Chilean copper industry
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2020-06-28
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en
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The Washington Consensus (WC) is a transnational norm that has especially been present in
Latin America since the 1970s. Following this norm, many state industries in Chile were
privatized during the neoliberal economic policy of the Pinochet dictatorship. The one exception
was the copper industry. In the 1990s, a period of liberalization and private expansion started,
and consequently stabilized in the 21st century. However, privatization of the state copper
company was always avoided. To explain this striking liberalization policy, this thesis focuses on
the localization of a transnational norm in a domestic context, where the contestation between
transnational norm entrepreneurs and neopatrimonial veto players created a regulatory
framework for the copper industry. The results show that the outcome of localization process is
dependent on the relative power of these two contesting sides, but that the agency of the state
must not be underestimated.
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Faculteit der Managementwetenschappen