The empire struck back
Subtitle: the Mexican oil expropriation of 1938 reconsidered
By: Noel Maurer
Contributors: Harvard Business School
Series: Working paper / Harvard Business School -- 10-108; Working paper (Harvard Business School) -- 10-108.
Publisher: Harvard Business School
Published: 2010
Place of publication: [Boston]
Language: eng
Number of pages: 32
Description: The Mexican expropriation of 1938 was the first large-scale non-Communist expropriation of foreign-owned natural resource assets. The literature generally makes three assertions: the U.S. government did not fully back the companies, Mexico did not fully compensate them for the value of their assets, and the oil workers benefitted from the change in ownership. This paper musters data and evidence that supports only the first of those assertions, and only to a limited extent: the companies devised political strategies that maneuvered Roosevelt into supporting their interests, and they were more than fully compensated by the Mexican government as a result.
Notes: "June 2010"--Publisher's website.

Includes bibliographical references.