Should Latin America Fear China?
Abstract(PDF file in English available WP-531) 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.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Inter-American Development Bank, Research Department in its series Research Department Publications with number 4419.
Date of creation: May 2005
Date of revision:
Other versions of this item:
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.:
- Carlos Arteta & Barry Eichengreen & Charles Wyplosz, 2001.
"When Does Capital Account Liberalization Help More than It Hurts?,"
NBER Working Papers
8414, National Bureau of Economic Research, Inc.
- Arteta, Carlos & Eichengreen, Barry & Wyplosz, Charles, 2001. "When Does Capital Account Liberalization Help More Than it Hurts?," CEPR Discussion Papers 2910, C.E.P.R. Discussion Papers.
- Alicia Garcia-Herrero & Daniel Santabarbara, 2005.
"Does China have an impact on foreign direct investment to Latin America?,"
- Garcia-Herrero, Alicia & Santabarbara, Daniel, 2007. "Does China have an impact on foreign direct investment to Latin America?," China Economic Review, Elsevier, vol. 18(3), pages 266-286.
- Daniel Santabarbara & Alicia Garcia-Herrero, 2005. "Does China have an impact on foreign direct investment to Latin America?," International Finance 0508008, EconWPA.
- Alicia García-Herrero & Daniel Santabárbara, 2005. "Does China have an impact on foreign direct investment to Latin America?," Banco de Espaï¿½a Working Papers 0517, Banco de Espa�a.
- Geert Bekaert & Campbell R. Harvey & Christian Lundblad, 2001.
"Does Financial Liberalization Spur Growth?,"
NBER Working Papers
8245, National Bureau of Economic Research, Inc.
- Tao Ran & Ray Brooks, 2003. "China's Labor Market Performance and Challenges," IMF Working Papers 03/210, International Monetary Fund.
- Asli DemirgÃ¼Ã§-Kunt & Enrica Detragiache, 1998. "The Determinants of Banking Crises in Developing and Developed Countries," IMF Staff Papers, Palgrave Macmillan, vol. 45(1), pages 81-109, March.
- Alwyn Young, 2003. "Gold into Base Metals: Productivity Growth in the People's Republic of China during the Reform Period," Journal of Political Economy, University of Chicago Press, vol. 111(6), pages 1220-1261, December.
- 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.
- Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2004. "Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development," Journal of Economic Growth, Springer, vol. 9(2), pages 131-165, 06.
- Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2002. "Institutions Rule: The Primacy of Institutions over Geography and Integration in Economic Development," NBER Working Papers 9305, National Bureau of Economic Research, Inc.
- Yongzheng Yang, 2003. "China's Integration into the World Economy: Implications for Developing Countries," IMF Working Papers 03/245, International Monetary Fund.
- Busakorn Chantasasawat & Kwok Chiu Fung & Hitomi Iizaka & Alan Siu, 2004. "Foreign Direct Investment in East Asia and Latin America: Is there a People's Republic of China Effect?," IDB Publications 54318, Inter-American Development Bank.
- Nanno Mulder & Rodrigo Paiilacar & Soledad Zignago, 2009. "Market Positioning of Varieties in World Trade: is Latin America Losing Out on Asia?," Working Papers 2009-09, CEPII research center.
- De la Cruz Gallegos, Jose Luis & Ivanova Boncheva, Antonina & Ruiz-Porras, Antonio, 2008.
"Competition between Latin America and China for US direct investment,"
8950, University Library of Munich, Germany.
- De la Cruz Gallegos Jose Luis & Ivanova Boncheva Antonina & Ruiz-Porras Antonio, 2008. "Competition between Latin America and China for US Direct Investment," Global Economy Journal, De Gruyter, vol. 8(2), pages 1-22, June.
- Jenkins, Rhys, 2008. "China?s Global Growth and Latin American Exports," Working Paper Series RP2008/104, World Institute for Development Economic Research (UNU-WIDER).
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Luis Daniel Martinez).
If references are entirely missing, you can add them using this form.