China s and India s Challenge to Latin America
362 pages
English

China's and India's Challenge to Latin America

YouScribe est heureux de vous offrir cette publication
362 pages
English
YouScribe est heureux de vous offrir cette publication

Description

The economic successes of China and India are viewed with admiration but also with concern because of the effects that the growth of these Asian economies may have on the Latin American and Caribbean (LAC) region. The evidence in 'China's and India's Challenge to Latin America' indicates that certain manufacturing and service industries in some countries have been negatively affected by Chinese and Indian competition in third markets and that LAC imports from China and India have been associated with modest unemployment and adjustment costs in manufacturing industries. The book also provides substantial evidence of positive aggregate effects for LAC economies associated with China's and India's greater presence in world exports, financial flows, and innovation. Chinese and Indian growth is creating new production possibilities for LAC economies, particularly in sectors that rely on natural resources and scientific knowledge.

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Publié par
Publié le 31 octobre 2008
Nombre de lectures 18
EAN13 9780821373095
Langue English
Poids de l'ouvrage 1 Mo

Extrait

China’s and India’s
Challenge to
Latin America
OPPORTUNITY OR THREAT?

Edited by
Daniel Lederman
Marcelo Olarreaga
Guillermo E. PerryChina’s and India’s Challenge
to Latin AmericaChina’s and India’s
Challenge to Latin
America
Opportunity or Threat?
Edited by
Daniel Lederman, Marcelo Olarreaga,
and Guillermo E. Perry© 2009 The International Bank for Reconstruction and Development / The World Bank
1818 H Street NW
Washington DC 20433
Telephone: 202-473-1000
Internet: www.worldbank.org
E-mail: feedback@worldbank.org
All rights reserved
1 2 3 4 12 11 10 09
This volume is a product of the staff of the International Bank for Reconstruction and Devel-
opment / The World Bank. The findings, interpretations, and conclusions expressed in this
volume do not necessarily reflect the views of the Executive Directors of The World Bank or
the governments they represent.
The World Bank does not guarantee the accuracy of the data included in this work. The
boundaries, colors, denominations, and other information shown on any map in this work do
not imply any judgement on the part of The World Bank concerning the legal status of any
territory or the endorsement or acceptance of such boundaries.
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All other queries on rights and licenses, including subsidiary rights, should be addressed
to the Office of the Publisher, The World Bank, 1818 H Street NW, Washington, DC 20433,
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ISBN 978-0-8213-7308-8
eISBN: 978-0-8213-7309-5
DOI: 10.1596/978-0-8213-7308-8
Library of Congress Cataloging-in-Publication Data
China’s and India’s challenge to Latin America : opportunity or threat? / Daniel Lederman,
Marcelo Olarreaga and Guillermo Perry, editors.
p. cm.—(Latin American Development Forum series)
Includes bibliographical references and index.
ISBN 978-0-8213-7308-8 (print)—ISBN 978-0-8213-7309-5 (electronic)
1. Latin America—Foreign economic relations—China. 2. China—Foreign economic
relations—Latin America. 3. Latin America—Foreign economic relations—India. 4. India—
Foreign economic relations—Latin America. I. Lederman, Daniel, 1968- II. Olarreaga, M.
(Marcelo). III. Perry, Guillermo.
HF1480.5.Z4C634 2008
337.8051—dc22
2008024106
Cover design: ULTRAdesignsLatin American
Development Forum Series
This series was created in 2003 to promote debate, disseminate informa-
tion and analysis, and convey the excitement and complexity of the most
topical issues in economic and social development in Latin America and
the Caribbean. It is sponsored by the Inter-American Development Bank,
the United Nations Economic Commission for Latin America and the
Caribbean, and the World Bank. The manuscripts chosen for publication
represent the highest quality in each institution’s research and activity out-
put and have been selected for their relevance to the academic community,
policy makers, researchers, and interested readers.
Advisory Committee Members
Alicia Bárcena Ibarra, Executive Secretary, Economic Commission for
Latin America and the Caribbean, United Nations
Inés Bustillo, Director, Washington Office, Economic Commission for
Latin America and the Caribbean, United Nations
José Luis Guasch, Senior Adviser, Latin America and the Caribbean
Region, World Bank; and Professor of Economics, University of Cali-
fornia, San Diego
Santiago Levy, Vice President for Sectors and Knowledge, Inter-American
Development Bank
Eduardo Lora, Principal Adviser, Research Department, Inter-American
Development Bank
Luis Servén, Research Manager, Development Economics Vice Presidency,
World Bank
Augusto de la Torre, Chief Economist, Latin America and the Caribbean
Region, World Bank
vOther Titles in the Latin
American Development
Forum Series
Does the Investment Climate Matter? Microeconomic Foundations of
Growth in Latin America (forthcoming) by Pablo Fajnzylber, José Luis
Guasch, and J. Humberto López, editors
Innovative Experiences in Access to Finance: Market-Friendly Roles for
the Visible Hand? (forthcoming) by Augusto de la Torre, Juan Carlos
Gozzi, and Sergio L. Schmukler
Job Creation in Latin America and the Caribbean: Trends and Policy
Challenges (forthcoming) by Carmen Pagés, Gaëlle Pierre, and Stefano
Scarpetta
Measuring Inequality of Opportunities in Latin America and the Caribbean
(forthcoming) by Ricardo Paes de Barros, Francisco H. G. Ferreira, José R.
Molinas Vega, and Jaime Saavedra Chanduvi
The Promise of Early Childhood Development in Latin America (forth-
coming) by Emiliana Vegas and Lucrecia Santibáñez
Fiscal Policy, Stabilization, and Growth: Prudence or Abstinence? (2008)
by Guillermo E. Perry, Luis Servén, and Rodrigo Suescún, editors
The Impact of Private Sector Participation in Infrastructure: Lights,
Shadows, and the Road Ahead (2008) by Luis Andres, José Luis Guasch,
Thomas Haven, and Vivien Foster
Raising Student Learning in Latin America: Challenges for the 21st Century
(2008) by Emiliana Vegas and Jenny Petrow
Remittances and Development: Lessons from Latin America (2008) by
Pablo Fajnzylber and J. Humberto López, editors
viiviii other titles in the series
Emerging Capital Markets and Globalization: The Latin American
Experience (2007) by Augusto de la Torre and Sergio L. Schmukler
Investor Protection and Corporate Governance: Firm-Level Evidence
across Latin America (2007) by Alberto Chong and Florencio López-de-
Silanes, editors
Natural Resources: Neither Curse nor Destiny (2007) by Daniel Leder-
man and William F. Maloney, editors
The State of State Reform in Latin America (2007) by Eduardo Lora,
editor
Beyond Survival: Protecting Households from Health Shocks in Latin
America (2006) by Cristian C. Baeza and Truman G. Packard
Beyond Reforms: Structural Dynamics and Macroeconomic Vulnerability
(2005) by José Antonio Ocampo, editor
Privatization in Latin America: Myths and Reality (2005) by Alberto
Chong and Florencio López-de-Silanes, editors
Keeping the Promise of Social Security in Latin America (2004) by Indermit
S. Gill, Truman G. Packard, and Juan Yermo
Lessons from NAFTA: For Latin America and the Caribbean (2004) by
Daniel Lederman, William F. Maloney, and Luis Servén
Globalization and Development: A Latin American and Caribbean
Perspective (2003) by José Antonio Ocampo and Juan Martin, editors
Is Geography Destiny? Lessons from Latin America (2003) by John Luke
Gallup, Alejandro Gaviria, and Eduardo Lora
The Limits of Stabilization: Infrastructure, Public Deficits, and Growth in
Latin America (2003) by William Easterly and Luis Servén, editorsAbout the Contributors
César Calderón is an economist in the World Bank’s Office of the Chief
Economist for Latin America and the Caribbean. Previously he worked
in the research department of the Central Bank of Chile and the Central
Reserve Bank of Peru. He obtained a PhD in economics from the University
of Rochester. He has published in the area of open economy macro-
economics and growth.
Carlos Casacuberta is senior lecturer in the Department of Economics of
the Social Sciences Faculty at the Universidad de la República, Montevi-
deo, Uruguay. He holds an MS from the London School of Economics and
Political Science. He has published various articles on international trade
and productivity.
Lucio Castro is currently director of the Program on International Econo-
mics at the Centro de Implementación de Políticas Públicas para la Equi-
dad y el Crecimiento, a leading think tank in Buenos Aires, Argentina. He
is a PhD candidate in economics at the University of Sussex, England. He
holds a master’s degree from the Program in Economic Policy Manage-
ment, Columbia University.
Javier Cravino is a PhD candidate in economics at the University of Cal-
ifornia, Los Angeles. He previously studied economics at Universidad
Torcuato di Tella in Buenos Aires, Argentina. He was a consultant to the
World Bank’s Development Research Group when the research for this
book was undertaken.
Robert C. Feenstra is the C. Bryan Cameron Distinguished Chair in Inter-
national Economics at the University of California, Davis. He is also the
director of the International Trade and Investment Program of the National
Bureau of Economic Research and dire

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