Latin America Facing China: South-South Relations beyond the Washington Consensus

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 p...