As the world's biggest copper manufacturer, Chile was benefiting from the increase in copper costs, which had more than tripled by 2003. Copper profits equated into higher earnings for the federal government as Chile's greatest copper manufacturer, Codelco, was a state-owned business.
Chile had one of the most imbalanced distributions of wealth in the world. Was it truly in Chile's finest interest to keep conserving the copper wealth?
PUBLICATION DATE: March 29, 2010 PRODUCT #: 710019-PDF-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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