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Dragonomics - How Latin America Is Maximizing (or Missing Out on) China's International Development Strategy (Hardcover)
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Dragonomics - How Latin America Is Maximizing (or Missing Out on) China's International Development Strategy (Hardcover)
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An insightful examination of the political and economic ties
between China and Latin America from the 1950s to the present This
book explores the impact of Chinese growth on Latin America since
the early 2000s. Some twenty years ago, Chinese entrepreneurs
headed to the Western Hemisphere in search of profits and
commodities, specifically those that China lacked and that some
Latin American countries held in abundance-copper, iron ore, crude
oil, and soybeans. Focusing largely on Argentina, Brazil, Chile,
Costa Rica, Mexico, and Peru, Carol Wise traces the evolution of
political and economic ties between China and these countries and
analyzes how success has varied by sector, project, and country.
She also assesses the costs and benefits of Latin America's recent
pivot toward Asia. Wise argues that while opportunities for closer
economic integration with China are seemingly infinite, so are the
risks. She contends that the best outcomes have stemmed from
endeavors where the rule of law, regulatory oversight, and a clear
strategy exist on the Latin American side.
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