American & foreign power in Argentina and Brazil (1926-65)

Abstract

The article analyses the evolution, strategies, and position of the American & Foreign Power company (AFP) in Argentina and Brazil from the mid-1920s to the second post-war period. We compare the economic performance and the strategies followed by this US group in different host economies, examining the relations between the US electricity firms and the governments of both countries that explain American & Foreign Power’s withdrawal from Argentina and Brazil in 1959–65. The study is based upon the annual reports and proceed- ings of American & Foreign Power (1923–63) and other corporate reports, government statistics, and official reports from Argentina, Brazil, and the US.