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By Laura Guasti

This paper was presented at the November 2-4, 1978 Workshop on "The Peruvian Experiment Reconsidered" organized by the Latin American Program of the Woodrow Wilson International Center for Scholars.

Summary

The impact of the international system on the industrialization program of the Peruvian military regime from 1968 to 1976 is examined within the perspective of the global context of multinational corporate operations. The framework used is the interplay between the military government's actions via its industrialization policies, the responses of international corporate actors, and the change the interplay created in the relative negotiating strengths of the respective actors. The government- multinational corporate interplay is examined within the mining/petroleum and manufacturing sectors. The impact of the interplay is analyzed in conjunction with domestic financial sector policies in relation to the changing negotiating strengths of the military government and international banks through the period of the recession and the major changes made in the regime's industrialization program.

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