The China Conundrum: Economic Development Strategies Embraced by Small States in South America

The three most prominent trends in South America in the 2000s have been: 1) the rapid expansion of trade and borrowing ties with China; 2) the collapse of both regional and multilateral trade negotiating venues since 2006; and, 3) the quick recovery of most South American countries from the 2008-10...

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Autor principal:	Carol Wise
Formato:	Artículo científico
Publicado:	Universidad de Los Andes 2012
Materias:	Relaciones Internacionales Bilateral Free Trade Agreements Chinese Latin American trade Peru and Chile trade agreements US Free Trade Agreements
Acceso en línea:	http://www.redalyc.org/articulo.oa?id=81223317005 http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=co/co-003&d=81223317005oai
Aporte de:	Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO) de Consejo Latinoamericano de Ciencias Sociales Ver origen

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spelling	I16-R122-81223317005oai2014-12-09 Artículo científico Carol Wise 2012 The three most prominent trends in South America in the 2000s have been: 1) the rapid expansion of trade and borrowing ties with China; 2) the collapse of both regional and multilateral trade negotiating venues since 2006; and, 3) the quick recovery of most South American countries from the 2008-10 global financial crisis. This paper analyzes the ways in which these three trends have converged and shaped the choice of development strategy in Chile and Peru, which have the strongest trade ties with China in the entire Latin American region when measured as a percent of GDP. Indeed, both countries have sought to stake out their own paths by negotiating separate bilateral free trade agreements (FTAs) with China and the US. Yet, although making these respective policy choices may well represent the most viable way forward for small emerging market countries which have consolidated macroeconomic reforms and are prepared to take their economic strategy to the next level, the political implications of this development path have already become more complicated than expected. application/pdf http://www.redalyc.org/articulo.oa?id=81223317005 Universidad de Los Andes http://www.redalyc.org/revista.oa?id=812 Colombia Internacional Relaciones Internacionales Bilateral Free Trade Agreements Chinese Latin American trade Peru and Chile trade agreements US Free Trade Agreements The China Conundrum: Economic Development Strategies Embraced by Small States in South America Artículo científico http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=co/co-003&d=81223317005oai
institution	Consejo Latinoamericano de Ciencias Sociales
institution_str	I-16
repository_str	R-122
collection	Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
topic	Relaciones Internacionales Bilateral Free Trade Agreements Chinese Latin American trade Peru and Chile trade agreements US Free Trade Agreements
spellingShingle	Relaciones Internacionales Bilateral Free Trade Agreements Chinese Latin American trade Peru and Chile trade agreements US Free Trade Agreements Carol Wise The China Conundrum: Economic Development Strategies Embraced by Small States in South America
topic_facet	Relaciones Internacionales Bilateral Free Trade Agreements Chinese Latin American trade Peru and Chile trade agreements US Free Trade Agreements
description	The three most prominent trends in South America in the 2000s have been: 1) the rapid expansion of trade and borrowing ties with China; 2) the collapse of both regional and multilateral trade negotiating venues since 2006; and, 3) the quick recovery of most South American countries from the 2008-10 global financial crisis. This paper analyzes the ways in which these three trends have converged and shaped the choice of development strategy in Chile and Peru, which have the strongest trade ties with China in the entire Latin American region when measured as a percent of GDP. Indeed, both countries have sought to stake out their own paths by negotiating separate bilateral free trade agreements (FTAs) with China and the US. Yet, although making these respective policy choices may well represent the most viable way forward for small emerging market countries which have consolidated macroeconomic reforms and are prepared to take their economic strategy to the next level, the political implications of this development path have already become more complicated than expected.
format	Artículo científico Artículo científico
author	Carol Wise
author_facet	Carol Wise
author_sort	Carol Wise
title	The China Conundrum: Economic Development Strategies Embraced by Small States in South America
title_short	The China Conundrum: Economic Development Strategies Embraced by Small States in South America
title_full	The China Conundrum: Economic Development Strategies Embraced by Small States in South America
title_fullStr	The China Conundrum: Economic Development Strategies Embraced by Small States in South America
title_full_unstemmed	The China Conundrum: Economic Development Strategies Embraced by Small States in South America
title_sort	china conundrum: economic development strategies embraced by small states in south america
publisher	Universidad de Los Andes
publishDate	2012
url	http://www.redalyc.org/articulo.oa?id=81223317005 http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=co/co-003&d=81223317005oai
work_keys_str_mv	AT carolwise thechinaconundrumeconomicdevelopmentstrategiesembracedbysmallstatesinsouthamerica AT carolwise chinaconundrumeconomicdevelopmentstrategiesembracedbysmallstatesinsouthamerica
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The China Conundrum: Economic Development Strategies Embraced by Small States in South America

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