Some Strategic Ownership Considerations for Foreign Investors in the Andean Pact
Some Strategic Ownership Considerations for Foreign Investors in the Andean Pact
Edward Verl Fielding
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The rising incomes and increasing demand were seen as positive factors for consumer demand and the need for higher farm productivity was seen to stimulate the agricultural chemical potential. ^2 Dow was described as taking steps to rationalize its production of polystyrene in its Chilean and Colombian plants, was gearing up to serve an export market and was changing its previous strategy of the national market to the regional market view. The contingency considerations at this stage were the ne...ed to achieve profitability even if the regional market did not develop and the political problems of making sure that the regional production rights on your products were granted to the nations where you were located. In the pharmaceutical industry previous operations had been geared to the national market, but most producers were relatively efficient anyway, due to national price controls and a maintenance of current technology. However, there were economies in rationalization and Pfizer is cited as moving in that direction.
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