China and the future of Latin American industrialization
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The rise of China has created an unprecedented demand for Latin American and Caribbean exports, which has helped boost the region’s growth for almost a decade. But ultimately, such export growth may not be sustainable. Perhaps even worse, Chinese manufactured goods are more competitive than those from Latin America in both home and world markets. These twin trends may jeopardize prospects for long-term growth in the region. Based on research for his most recent book, economist and trade expert Kevin Gallagher discusses how China’s rise to prominence on the world trade scene has affected Latin America and what Latin America might learn from China’s ascendency to improve the long-term outlook for its own economic future.
This repository item contains a single issue of Issues in Brief, a series of policy briefs that began publishing in 2008 by the Boston University Frederick S. Pardee Center for the Study of the Longer-Range Future.