Latin American Merchant Shipping in the Age of Global Competition
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A01=Rene De La Pedraja
Author_Rene De La Pedraja
Category=KCLT
Category=KNG
Category=NHTB
Economics
eq_bestseller
eq_business-finance-law
eq_history
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Product details
- ISBN 9780313308406
- Weight: 454g
- Dimensions: 156 x 235mm
- Publication Date: 28 Feb 1999
- Publisher: Bloomsbury Publishing Plc
- Publication City/Country: US
- Product Form: Hardback
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Although Latin America had a substantial merchant fleet by the 1950s, at the end of the century most of the major shipping companies have disappeared from the continent. Continuing to grow through protectionist efforts during the 1960s and 1970s, the industry began to decline when container technology, requiring large capital investments, shifted competition to access capital. This book shows how technology undermined and finally shattered the nationalist efforts to create a significant Latin American merchant shipping industry. Written in a clear and concise style, it provides the first authoritative survey of Latin American shipping during the second half of the century.
The book opens with a discussion of cargo preference—a form of protectionism—in Chile and shows how Latin American merchant fleets expanded under cargo preference. Most countries witnessed a dramatic expansion in their national fleets. In the 1970s, the impact of containers, a new technology, began to be felt. As the book shows, the large capital outlays needed to adopt containers undermined the foundations of Latin American shipping companies, and most of the merchant shipping companies in the region gradually collapsed. The book also examines the non-commercial role of merchant shipping, particularly in international clashes such as the Cuban Revolution.
RENÉ DE LA PEDRAJA is Professor of History at Canisius College and the author of A Historical Dictionary of the U.S. Merchant Marine and Shipping Industry (Greenwood, 1994) and, most recently, Oil and Coffee: Latin American Merchant Shipping from the Imperial Era to the 1950s (Greenwood, 1998). He is currently doing research on the military history of Latin America.
