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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Detalles Bibliográficos
Autor principal: Carol Wise
Formato: Artículo científico
Publicado: Universidad de Los Andes 2012
Materias:
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:
id I16-R122-81223317005oai
record_format dspace
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
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