Carol Wise
- Published in print:
- 2020
- Published Online:
- September 2020
- ISBN:
- 9780300224092
- eISBN:
- 9780300252378
- Item type:
- book
- Publisher:
- Yale University Press
- DOI:
- 10.12987/yale/9780300224092.001.0001
- Subject:
- Political Science, International Relations and Politics
This book explores the impact of Chinese growth on Latin America since the early 2000s. Some twenty years ago, Chinese entrepreneurs headed to the Western Hemisphere in search of profits and ...
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This book explores the impact of Chinese growth on Latin America since the early 2000s. Some twenty years ago, Chinese entrepreneurs headed to the Western Hemisphere in search of profits and commodities, specifically those that China lacked and that some Latin American countries held in abundance—copper, iron ore, crude oil, fishmeal and soybeans. Focusing largely on Argentina, Brazil, Chile, Costa Rica, Mexico, and Peru, the book traces the evolution of political and economic ties between China and these countries back to the 1950s and explores how more recent and ongoing interaction with China has shaped the respective political economies of these country cases. Drawing on the development economics literature as an analytical roadmap, the book offers two sets of findings. First, the three small, open economies—Chile, Costa Rica, and Peru—outperformed Argentina, Brazil, and Mexico by a wide margin during the China 2003–2013 boom and thereafter. Second, success in dealing with China has varied by sector, project, and country. The author argues that while opportunities for closer economic integration with China are seemingly infinite, so are the risks. The best outcomes have stemmed from endeavours where the rule of law, regulatory oversight, and a clear strategy exist on the Latin American side.Less
This book explores the impact of Chinese growth on Latin America since the early 2000s. Some twenty years ago, Chinese entrepreneurs headed to the Western Hemisphere in search of profits and commodities, specifically those that China lacked and that some Latin American countries held in abundance—copper, iron ore, crude oil, fishmeal and soybeans. Focusing largely on Argentina, Brazil, Chile, Costa Rica, Mexico, and Peru, the book traces the evolution of political and economic ties between China and these countries back to the 1950s and explores how more recent and ongoing interaction with China has shaped the respective political economies of these country cases. Drawing on the development economics literature as an analytical roadmap, the book offers two sets of findings. First, the three small, open economies—Chile, Costa Rica, and Peru—outperformed Argentina, Brazil, and Mexico by a wide margin during the China 2003–2013 boom and thereafter. Second, success in dealing with China has varied by sector, project, and country. The author argues that while opportunities for closer economic integration with China are seemingly infinite, so are the risks. The best outcomes have stemmed from endeavours where the rule of law, regulatory oversight, and a clear strategy exist on the Latin American side.
