The Political Economy of China–Latin America Relations: The AIIB Membership

518 Pages·2021·5.811 MB·English

by  Alvaro Mendez

THE POLITICAL ECONOMY OF
CHINA–LATIN AMERICA
RELATIONS IN THE NEW
MILLENNIUM
In this book, China–Latin America relations experts Margaret
Myers and Carol Wise examine the political and economic
forces that have underpinned Chinese engagement in the
region, as well as the ways in which these forces have
shaped economic sectors and policy-making in Latin
America. The contributors begin with a review of
developments in cross-Pacific statecraft, including the role
of private, state-level, sub-national, and extra-regional
actors that have influenced China–Latin America
engagement in recent years. Part II of the book examines
the variety of Latin American development trajectories born
of China’s growing global presence. Contributors analyze
the effects of Chinese engagement on specific economic
sectors, clusters (the LAC emerging economies), and sub-
regions (Central America, the Southern Cone of South
America, and the Andean region). Individual case studies
draw out these themes.
This volume is a welcome addition to the growing body of
literature on China–Latin America relations. It illuminates the
complex interplay between economics and politics that has
characterized China’s relations with the region as a second
decade of enhanced economic engagement draws to a
close. This volume is an indispensable read for students,
scholars, and policy-makers wishing to gain new insights
into the political economy of China–Latin America relations.
Margaret Myers is Director of the China and Latin America
program at the Inter-American Dialogue in Washington, DC.
Carol Wise is Associate Professor of International Relations
at the University of Southern California. She specializes in
international political economy and development, with an
emphasis on Latin America.
Myers and Wise bring together some of the best minds in
the business—including their own—to give us a brilliant
update on the growing China–Latin American nexus. This
must-read volume smartly punctures lazy myths and
common hyperbole, and loads the reader with reams of
essential facts and insightful analyses, to better grasp the
complexities of the cross-Pacific ties that will define the 21st
century.
Richard E. Feinberg, UC San Diego, most recently
author of Open for Business: Building the Cuban
Economy (Brookings Institution Press, 2016)
After an enlightening introduction this book is a
comprehensive, up-to-date account of the growing
complexities in economic and political relations between
China and Latin America during this—still new—21st
century. This well-documented volume, which explores new
patterns of dependency and other competing themes,
should be included in every discussion and analysis
regarding this complicated relationship.
Romer Cornejo, El Colegio de México
This excellent collection avoids the pitfall of trying to
identify a single China–Latin America relationship and
instead searches for difference—different actors, different
interests and different outcomes. The result is a book that
provides a comprehensive overview of both the
opportunities and challenges that have emerged from
Chinese interactions with the region.
Shaun Breslin, University of Warwick
This timely volume with its range of perspectives comes at a
welcome time as the international economic, political and
security environment and the China–LAC relationship grows
more complex. Myers and Wise have pulled together a
stellar group of experts who provide new data and fresh
perspectives on key topics. This should be required reading
for students of Latin America as well as for policymakers
interested in better understanding China’s outward
economic strategy.
Barbara Kotschwar, Adjunct Professor, Georgetown
University School of Foreign Service
From the perspective of their diverse backgrounds and
expertise, the authors in Wise and Myers’ volume offer a
unique, multi-faceted examination of the transformational
political, economic, social and security issues that have
emerged in the 21st Century between China and Latin
America as a whole as well as its major sub-regions.
Robert Devlin, Johns Hopkins School of Advanced
International Studies (SAIS)
THE POLITICAL ECONOMY OF
CHINA–LATIN AMERICA
RELATIONS IN THE NEW
MILLENNIUM
Brave New World
Edited by Margaret Myers and Carol
Wise
First published 2017
by Routledge
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and by Routledge
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Routledge is an imprint of the Taylor & Francis Group, an informa business
© 2017 Taylor & Francis
The right of the editors to be identified as the authors of the editorial material,
and of the authors for their individual chapters, has been asserted in accordance
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All rights reserved. No part of this book may be reprinted or reproduced or
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trademarks, and are used only for identification and explanation without intent
to infringe.
Library of Congress Cataloging in Publication Data
Names: Myers, Margaret, 1980- editor. | Wise, Carol, editor.
Title: The political economy of China-Latin American relations in the new
millennium : brave new world / edited by Margaret Myers and Carol Wise.
Description: New York, NY : Routledge, 2016. | Includes bibliographical
references and index.
Identifiers: LCCN 2016010108| ISBN 9781138666184 (hbk) | ISBN
9781138666191 (pbk)
Subjects: LCSH: China—Foreign economic relations—Latin America. | Latin
America—Foreign economic relations—China. | China—Economic policy. |
Latin America—Economic policy.
Classification: LCC HF1604.Z4 L29635 2016 | DDC 337.5108—dc23
LC record available at https://lccn.loc.gov/2016010108
ISBN: 978-1-138-66618-4 (hbk)
ISBN: 978-1-138-66619-1 (pbk)
ISBN: 978-1-315-61948-4 (ebk)
Typeset in Bembo Std
by Swales & Willis Ltd, Exeter, Devon, UK
CONTENTS
Acknowledgments
Introduction: The Political Economy of China–Latin
America Relations in the 21st Century
Carol Wise and Margaret Myers
PART I
Cross-Pacific Statecraft: Aid and Capital Flows from China to
Latin America
1 One Actor, Many Agents: China’s Latin America Policy
in Theory and Practice
Benjamin Creutzfeldt
2 Cooperation and Mistrust between China and the U.S.
in Latin America
R. Evan Ellis
3 China’s Economic Statecraft in Latin America:
Evidence from China’s Policy Banks
Kevin P. Gallagher and Amos Irwin
4 Chinese Foreign Aid to Latin America: Trying to Win
Friends and Influence People
Barbara Stallings
5 Chinese Agricultural Investment in Latin America: Less
There Than Meets the Eye?
Guo Jie and Margaret Myers
6 Chinese–Peruvian Relations in the Mining Sector:
Learning Step by Step
Cynthia Sanborn and Victoria Chonn Ching
PART II
Development Trends Since the Turn of the Millennium: A
Critical Assessment
7 After the China Boom: What Now for Latin America’s
Emerging Economies?
Carol Wise
8 The Agropolis: South America, China, and the Soybean
Connection
Mariano Turzi
9 Central America, China, and the US: What Prospects
for Development?
Rolando Avendaño and Jeff Dayton-Johnson
10 Who Wants What for Latin America? Voices For and
Against the China-Backed Extractivist Development
Model
Adam Chimienti and Benjamin Creutzfeldt
11 China–Brazil Economic Relations: Too Big to Fail?
Dawn Powell
Conclusion: Final Reflections on the China–Latin America
Relationship
José Luis León-Manríquez

Contributors