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Should Latin America Fear China? Author info | Abstract | Publisher info | Download info | Related research | Statistics Eduardo Lora ()
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This paper compares growth conditions in China and Latin America to assess fears that China will displace Latin America in the coming decades. China`s strengths include the size of the economy, macroeconomic stability, abundant low-cost labor, the rapid expansion of physical infrastructure, and the ability to innovate. China`s weaknesses, stemming from insufficient separation between market and state, include poor corporate governance, a fragile financial system and misallocation of savings. Both regions share important weaknesses: the rule of law is weak, corruption endemic, and education is poor and very poorly distributed.
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Paper provided by Inter-American Development Bank, Research Department in its series RES Working Papers with number
4409.
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Date of creation: May 2005Date of revision:
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Geert Bekaert & Campbell R. Harvey & Christian Lundblad, 2004.
"Does Financial Liberalization Spur Growth? ,"
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Other versions:
Geert Bekaert & Campbell R. Harvey & Christian Lundblad, 2001.
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NBER Working Papers
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[Downloadable!] (restricted) Alicia Garcia-Herrero & Daniel Santabarbara, 2005.
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International Finance
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"Does China have an impact on foreign direct investment to Latin America? ,"
International Finance
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Other versions: Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2002.
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Other versions:
Rodrik, Dani & Subramanian, Arvind & Trebbi, Francesco, 2002.
"Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development ,"
CEPR Discussion Papers
3643, C.E.P.R. Discussion Papers.
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[Downloadable!] Asli Demirguc-Kunt & Enrica Detragiache, 1998.
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Ray Brooks & Tao Ran, 2003.
"China's Labor Market Performance and Challenges ,"
IMF Working Papers
03/210, International Monetary Fund.
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