The Emergence of China: Opportunities and Challenges for Latin America and the Caribbean

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Overview

China is emerging as a truly global economic and political power. China's impact on Latin America and the Caribbean region is mixed, however--fostering a trade market for some countries, but creating competition for others.

This pioneering volume, produced by the Inter-American Development Bank's Integration and Regional Programs Department and Research Department, provides a comprehensive overview of China's economic policy and performance over recent decades and contrasts them with the Latin American experience. What are the underlying factors behind China's competitive edge? What are the strategic implications of China's rise for growth and development in Latin America? These questions open new avenues for thinking about revitalizing development strategies in Latin America in the face of China's successful development and reduction of poverty. This insightful report is a must-read for analysts, policymakers, and development practitioners, not only in Latin America and the Caribbean, but wherever China's presence is being felt.

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Product Details

Meet the Author

Robert Devlin is Deputy Manager of the Integration and Regional Programs Department of the Inter-American Development Bank.

Antoni Estevadeordal is a Principal Trade Economist of the Inter-American Development Bank.

Andrés Rodríguez-Clare is Professor of Economics at Pennsylvania State University.

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Table of Contents

Introduction

Overview of the Book

Part I: Background on China's Economy

Chapter 1: A Snapshot of China's Economic Performance

Chapter 2: An Overview of Policies behind China's Performance

Part II: Competing with China in Global Trade

Chapter 3: Some Stylized Facts on China's Trade

Chapter 4: Why China's Trade Performance Is So Exceptional

Chapter 5: How China and Latin America Compete in the Global Marketplace

Part III: Foreign Direct Investment

Chapter 6: The Surge of FDI to China: Should Latin America Be Concerned?

Part IV: The Case of Textiles and Apparel

Chapter 7: China and the Future of Latin America's Textile Sector

Part V: Conclusion

Chapter 8: Where Does Latin America Go From Here?

Appendix: Country Case Studies

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