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The Corporación Minera De Bolivia (Comibol) And The Triangular Plan: A Case Study In Dependency, Melvin Burke
The Corporación Minera De Bolivia (Comibol) And The Triangular Plan: A Case Study In Dependency, Melvin Burke
School of Economics Faculty Scholarship
This monograph is a study of a nationalized industry in an underdeveloped country. The geographical setting is Latin America and the specific case study is that of Corporacion Minera de Bolivia, better known as COMIBOL. The intent of the study is to evaluate the Triangular Plan, a $62 million financial assistance program funded 1961 to 1970 by the Inter-American Development Bank and the governments of West Germany and the United States. After less than a decade of existence (1952-1960), COMIBOL was decapitalized, de facto bankrupt, and on the verge of collapse. The objective of the Triangular Plan was to rehabilitate …