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Author: OECD Development Centre
Publisher: OECD Publishing
ISBN: 9264028382
Category :
Languages : en
Pages : 164
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Book Description
Latin America is looking towards China and Asia -- and China and Asia are looking right back. This is a major shift: for the first time in its history, Latin America can benefit from not one but three major engines of world growth. Until the 1980s ...
Author: OECD Development Centre
Publisher: OECD Publishing
ISBN: 9264028382
Category :
Languages : en
Pages : 164
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Book Description
Latin America is looking towards China and Asia -- and China and Asia are looking right back. This is a major shift: for the first time in its history, Latin America can benefit from not one but three major engines of world growth. Until the 1980s ...
Author: Alfred D. Chandler Jr.
Publisher: Harvard University Press
ISBN: 0674417682
Category : Business & Economics
Languages : en
Pages : 625
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Book Description
The role of large-scale business enterprise—big business and its managers—during the formative years of modern capitalism (from the 1850s until the 1920s) is delineated in this pathmarking book. Alfred Chandler, Jr., the distinguished business historian, sets forth the reasons for the dominance of big business in American transportation, communications, and the central sectors of production and distribution.
Author: Javier Santiso
Publisher:
ISBN: 9789264927964
Category :
Languages : en
Pages : 159
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Book Description
Author: Alex E. Fernández Jilberto
Publisher: Berghahn Books
ISBN: 0857456237
Category : Business & Economics
Languages : en
Pages : 217
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Book Description
The last quarter of the twentieth century was a period of economic crises, increasing indebtedness as well as financial instability for Latin America and most other developing countries; in contrast, China showed amazingly high growth rates during this time and has since become the third largest economy in the world. Based on several case studies, this volume assesses how China's rise - one of the most important recent changes in the global economy - is affecting Latin America's national politics, political economy and regional and international relations. Several Latin American countries benefit from China's economic growth, and China's new role in international politics has been helpful to many leftist governments' efforts in Latin America to end the Washington Consensus. The contributors to this thought provoking volume examine these and the other causes, effects and prospects of Latin America's experiences with China's global expansion from a South - South perspective.
Author: Rhys Jenkins
Publisher: Oxford University Press
ISBN: 0192866354
Category : Africa, Sub-Saharan
Languages : en
Pages : 465
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Book Description
China's growing economic involvement in Sub-Saharan Africa and Latin America has been a source of major controversy. The official Chinese position maintains that the growth of bilateral relations is of mutual benefit and provides a good example of South-South cooperation. Critics on the other hand see the economic relations between China and other developing countries as highly unequal with most of the benefits accruing to China and a few local elites. They also point to negative socio-economic, political, and environmental consequences. How China is Reshaping the Global Economy: Development Impacts in Africa and Latin-America throws more light on these controversies through a comparative study of China's impact on the two regions. It looks not just at bilateral relations between China and the two regions but also analyses the changes in the global economy brought about as a result of the shift in economic activity from North America and Western Europe to Asia. This book looks at the factors which led to rapid economic growth in China and the way in which this has affected global manufacturing, commodity markets, the international presence of Chinese companies, and financial glows. It examines the different forms of Chinese economic involvement in Sub-Saharan Africa and Latin America, the main drivers, and economic, social, political, and environmental consequences. It ends with a comparison of the two regions that highlights the importance of different histories and political and institutional contexts in determining the impacts of China. Since the first edition of How China is Reshaping the Global Economy: Development Impacts in Africa and Latin-America, China's role in the global economy has continued to expand and the Chinese government's foreign policy has become more assertive. The global presence of China has been marked by the expansion of the Belt and Road Initiative to almost 150 countries and the trade-war between the US and China, as well as increased Western concerns over the activities of major Chinese companies such as Huawei. This new edition documents these changes and their implications for SSA and LAC.
Author: Stephany Griffith-Jones
Publisher: Oxford University Press
ISBN: 019957880X
Category : Business & Economics
Languages : en
Pages : 375
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Book Description
The book addresses the 2008 financial crisis originating in developed countries that will have a major impact on developing countries, as it spreads globally. It discusses the underlying reasons behind the crisis and suggests solutions that can help prevent such a crisis in the future.
Author: Niccolo Locatelli
Publisher: Universal-Publishers
ISBN: 1599423901
Category :
Languages : en
Pages : 158
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Book Description
Relations with Latin America have never been and will probably never be a priority for the People's Republic of China (PRC), as they will be a dependent variable of domestic economic needs and other more important foreign policy goals among all, the ties with the United States. During the first forty years of existence, geopolitical and economic considerations (Latin America was considered to be Washington's backyard and the economies of the region were not complementary with that of China) were keeping the PRC away from the area; nevertheless, things have changed ever since the end of the Cold War, and more so since the new millenium. The PRC finds in Latin America a market of 500 million people and an almost infinite source of commodities: it currently gets from here around 17% of its overall agricultural products imports, and 11% of its fuel and mining ones. It is a big buyer of three of the four Latin American commodities (soy, copper and oil) and it's increasing its purchases of the fourth, coffee. The region is also a valuable partner in the struggle for a new world order, more democratic and more concerned with the stakes of the developing countries; it is a 33-wide voting block whose consensus is useful whenever the human rights policy of the PRC comes under the scrutiny of the United Nations or any of its agencies. Finally, Latin America is a pawn in the battle for the sovereignty over Taiwan, since 12 of the 23 countries that recognize the Republic of China (ROC) are in the area, mainly in Central America and the Caribbean, plus Paraguay alone in South America. For Latin America, the PRC is a huge 1.3 billion people market and a potential source of much-needed Foreign Direct Investment, which in actuality turns out to be smaller than expected and mostly concentrated in the fiscal heavens of the Caribbean. Politically, besides the partnership in the struggle for a new world order, the mere existence of a China-option is itself a source of leverage when Latin American countries have to deal with the United States, who now have to face a competitor on trade and politic issues in what used to be their backyard. Apparently, deepening ties with Latin America is a winning solution for the PRC. The same is not completely true for Latin America, whose relationship with Beijing can be beneficial, but with some caveats. As far as bilateral trade is concerned, the problem is that of export concentration: in 2006, 62.5% of the region's exports to China were in the commodity sector - it was just 35% in 1995. This leaves Latin America, especially South America, exposed to the price volatility of its resources, which is historically more elevated than that of the manufactured goods and breeds macroeconomic uncertainty in a region that has always struggled with that issue. Furthermore, export concentration in the commodity sector, as far as the terms of trade are favorable as in the years before the ongoing global crisis, might hinder the upgrading of the industrial structure of those countries who find in it an easy and quick source of revenues. A positive effect on the welfare of the people and the fight against poverty and inequality is not automatically related to the blossoming of exports of natural resources, but depends on economic policy choices. A more recent, less studied aspect of Sino-Latin American trade is the increasing penetration of Chinese manufactured goods in the domestic markets of the region: while initially outplacing foreign competitors, the flow is becoming a source of concern for businesses in the textile sector of countries like Argentina, Brazil, and Mexico, who find it hard to compete with the minimum cost of labor that makes Chinese goods so cheap. That explains why the region has tariffs on imports from the Middle Kingdom that are 10% above world average (20% in the case of South America). Competition with Chinese manufactures in the third markets is also Central America's main problem in its re
Author: Alberto Chong
Publisher: World Bank Publications
ISBN: 0821383507
Category : Business & Economics
Languages : en
Pages : 530
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Book Description
Privatization is under attack. Beginning in the 1980s, thousands of failing state-owned enterprises worldwide have been turned over to the private sector. But public opinion has turned against privatization. A large political backlash has been brewing for some time, infused by accusations of corruption, abuse of market power, and neglect of the poor. What is the real record of privatization and are the criticisms justified? 'Privatization in Latin America' evaluates the empirical evidence on privatization in a region that has witnessed an extensive decline in the state's share of production over the past 20 years. The book is a compilation of recent studies that provide a comprehensive analysis of the record of and accusations against privatization, with important recommendations for the future. Seven countries are investigated: Argentina, Bolivia, Brazil, Chile, Colombia, Mexico, and Peru. This book will be vital to anyone interested in the privatization debate but especially to those involved in civil service reform, corporate governance, economic policy, finance, and anticorruption efforts. 'Privatization is important but controversial. While economists typically favor it, others are skeptical. This book provides strong scientific evidence that privatization has been beneficial for many Latin American countries, although some privatizations failed and some groups in society lost out. As usual, the devil is in the details: how privatization is carried out and what reforms accompany it are crucial to its success. The book is definitely an invaluable contribution to the privatization debate.' --Oliver Hart, Andrew E. Furer Professor of Economics, Harvard University
Author: E. Ellis
Publisher: Springer
ISBN: 1137439777
Category : Social Science
Languages : en
Pages : 477
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Book Description
An analysis of the new physical presence of Chinese companies operating in Latin America and the Caribbean, the associated challenges that they face, and how they are impacting the region and its relationship with the PRC.
Author: Tarun Chhabra
Publisher: Brookings Institution Press
ISBN: 0815739176
Category : Political Science
Languages : en
Pages : 430
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Book Description
The global implications of China's rise as a global actor In 2005, a senior official in the George W. Bush administration expressed the hope that China would emerge as a “responsible stakeholder” on the world stage. A dozen years later, the Trump administration dramatically shifted course, instead calling China a “strategic competitor” whose actions routinely threaten U.S. interests. Both assessments reflected an underlying truth: China is no longer just a “rising” power. It has emerged as a truly global actor, both economically and militarily. Every day its actions affect nearly every region and every major issue, from climate change to trade, from conflict in troubled lands to competition over rules that will govern the uses of emerging technologies. To better address the implications of China's new status, both for American policy and for the broader international order, Brookings scholars conducted research over the past two years, culminating in a project: Global China: Assessing China's Growing Role in the World. The project is intended to furnish policy makers and the public with hard facts and deep insights for understanding China's regional and global ambitions. The initiative draws not only on Brookings's deep bench of China and East Asia experts, but also on the tremendous breadth of the institution's security, strategy, regional studies, technological, and economic development experts. Areas of focus include the evolution of China's domestic institutions; great power relations; the emergence of critical technologies; Asian security; China's influence in key regions beyond Asia; and China's impact on global governance and norms. Global China: Assessing China's Growing Role in the World provides the most current, broad-scope, and fact-based assessment of the implications of China's rise for the United States and the rest of the world.
