South-South cooperation as a development strategy: The case of Latin America and Africa
The so-called “South-South cooperation” (SSC) could be key to strengthen integration among developing countries, their integration into the world economy and interregional ties. The main objective of this research is to analyse the SSC among countries in Latin America and the Caribbean (LAC) and Afr...
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| Autores principales: | , , |
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| Formato: | Artículo publishedVersion |
| Lenguaje: | Español |
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Instituto Interdisciplinario de Economía Política (IIEP UBA-CONICET)
2022
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| Acceso en línea: | https://ojs.economicas.uba.ar/DT-IIEP/article/view/2470 https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=dociiep&d=2470_oai |
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| Sumario: | The so-called “South-South cooperation” (SSC) could be key to strengthen integration among developing countries, their integration into the world economy and interregional ties. The main objective of this research is to analyse the SSC among countries in Latin America and the Caribbean (LAC) and Africa and to explore its potential. The idea behind this aim is that SSC can help reinforce and improve the overall integration among developing countries, which, in turn, would enhance the ‘quality’ of their growth, making it more equitable and inclusive. In this paper, after briefly summarising the theoretical SSC framework, we analyse the integration and cooperation potentialities between the two regions. We do so by studying interregional trade (goods and services) flows and foreign direct investment (FDI). Although large trade or investment flows do not necessarily reflect a high level of cooperation, we believe that they can serve as one of the bases for developing and implementing public policies in order to build cooperation platforms, between and among these countries. This analysis shows that, although there is yet no significant relationship between these two regions, both trade and FDI flows have grown since the beginning of the new century. Also, although we found some potentialities (for trade and investment) in non-conventional sectors, economic relations are mainly based in both regions´ natural advantages, i.e. replicating the North-South pattern. |
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