Chauvco Resources Ltd.: The Argentina Decisions (A) (Abridged) Book Reviews
Chauvco Resources Ltd.: The Argentina Decisions (A) (Abridged) by David W. Conklin Book Summary
Chauvco quickly became one of the top 30 oil companies in Canada. Rising costs and diminishing oil and gas reserves led Chauvco to consider investing in other countries. In 1992, Chauvco purchased an interest in an Argentine oil and gas block that was being privatized. Chauvco's success in Argentina depended on the country's future political stability and the continuance of government policies. Prior to the 1989 election of Carlos Menem, Argentina experienced decades of political and economic instability, the government nationalized many businesses and imposed detailed regulations throughout the economy - a set of policies that led to low growth, budget and trade deficits, hyperinflation, and currency devaluation. Whether Menem's reforms could achieve long-term success remained to be seen. Chauvco encountered a number of difficulties, as well as some positive aspects of the environment of business. The company initially entered a joint venture partnership and then developed an independent set of operations. By 1995, Chauvco had to decide in what proportions it should divide its future investments between Canada, Argentina and other countries, and what criteria it should use in evaluating investment opportunities. This is an abridged version of 9A95H003.
Book Name | Chauvco Resources Ltd.: The Argentina Decisions (A) (Abridged) |
Genre | Business & Personal Finance |
Author | David W. Conklin |
Published | 27 September 2001, Thursday |
Language | English |
E-Book Size | 449.33 KB |
Chauvco Resources Ltd.: The Argentina Decisions (A) (Abridged) (David W. Conklin) Book Reviews 2024
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Summary of Chauvco Resources Ltd.: The Argentina Decisions (A) (Abridged) by David W. Conklin
The Chauvco Resources Ltd.: The Argentina Decisions (A) (Abridged) book written by David W. Conklin was published on 27 September 2001, Thursday in the Business & Personal Finance category. A total of 10 readers of the book gave the book 0 points out of 5.
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