Abstract
In Chapter 3, we examined the use of debt by absentee investors in order to control enterprises via global chains. We also saw the workers at a loss while management and enterprises seemingly began to follow irrational strategies. The Ceralep story is a typical example of this kind of trend, until the workers reversed the destiny of the business.1
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© 2011 Claudia Sanchez Bajo and Bruno Roelants
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Bajo, C.S., Roelants, B. (2011). Ceralep Société Nouvelle, France: David and Goliath in the Global Economy. In: Capital and the Debt Trap. Palgrave Macmillan, London. https://doi.org/10.1057/9780230308527_7
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DOI: https://doi.org/10.1057/9780230308527_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-32199-5
Online ISBN: 978-0-230-30852-7
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)