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612-822-4611
The International Aluminium Cartel, 1886-1978: The Business and Politics of a Cooperative Industrial Institution

The International Aluminium Cartel, 1886-1978: The Business and Politics of a Cooperative Industrial Institution

Hardcover

Series: Routledge International Studies in Business History

Business GeneralEconomics

ISBN10: 0415742544
ISBN13: 9780415742542
Publisher: Routledge
Published: Oct 6 2015
Pages: 390
Weight: 1.60
Height: 1.10 Width: 5.90 Depth: 9.10
Language: English

Aluminium was one of most cartelised industries in the international economic panorama of the 20th century. Born following the discovery of electrolytic smelting process in 1886, this industry, even in its infancy, established a cartel which characterised its history until nearly 1980. Managers of the aluminium industry from various historical eras and countries shared the same vision about the development of their industry: to keep prices as stable as possible in order to encourage expansions and to provide return on investments. Price instability, which characterised the trade of other commodities, was unknown to the aluminium industry.

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