The visible hand of China in Latin America
By: [edited] by Javier Santiso.
Publisher: Organisation for Economic Co-operation and Development : European Conference of Ministers
Published: 2006
Place of publication: Paris, France
Language: eng
Number of pages: 159
ISBN-13: 9789264027961
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, the United States was the region’s major trade partner. In the 1990s, a second growth engine emerged with the European investment boom in Latin America. Now, at the dawn of the new century, the increasing global economic importance of Asia, and in particular China, potentially provides a third engine of growth. This book describes the opportunities and challenges that Latin American economies will face as Chinese importance in the world economy -- and in Latin America's traditional markets -- continues to grow.