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

Description

The book explores the ways in which Latin American states are capitalizing or failing to capitalize on the initiatives of China in world affairs. The authors hypothesize that a dearth of regional agency and social construction, and a consequent institutional deficit in foreign relations, characterizes Latin America and its inadequate reaction to Chinese agency. The volume includes multiple case studies from eight Latin American countries and discusses the Asian Infrastructure Investment Bank’s initiatives and policies. The book will interest scholars, researchers, policy-makers, foreign policy analysts, and graduate students in Latin American and Asian politics as well as development studies and political economy.                 The Political Economy of China–Latin America Relations in the New Millennium Praise Title Copyright Contents Acknowledgments Introduction: The Political Economy of China–Latin America Relations in the 21st Century Cross-Pacific Statecraft: Aid and Capital Flows from China to Latin America Development Trends since the Turn of the Millennium Constructing a Brave New World Notes 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 Introduction China’s Foreign Policy China’s Relations with Latin America The Basis of China’s Latin America Policy One Actor, Many Agents Conclusions Notes 2 Cooperation and Mistrust between China and the U.S. in Latin America China–Latin America Relations: U.S. Considerations China’s Considerations Sources of Mistrust between the U.S. and China in Latin America Potential Areas for China–U.S. Cooperation in Latin America Conclusions Notes 3 China’s Economic Statecraft in Latin America: Evidence from China’s Policy Banks Introduction: China’s Economic Statecraft in Context Chinese Lenders in Latin America Neither Soft Power nor Extractive Diplomacy Comparison with the Private Market Explaining the Borrowing Countries Conclusion Notes 4 Chinese Foreign Aid to Latin America: Trying to Win Friends and Influence People Introduction Historical Background Goals and Characteristics of Chinese Aid in the 2000s Chinese Aid to Latin America Case Studies of Chinese Aid Conclusions Notes 5 Chinese Agricultural Investment in Latin America: Less There Than Meets the Eye? Introduction Feeding the Masses: China’s Challenges Toward Agricultural Self-Sufficiency Eyeing Foreign Agriculture Land Grabs in Latin America? Looking Ahead: New Trends in Chinese Overseas Agricultural Investment? Notes 6 Chinese–Peruvian Relations in the Mining Sector: Learning Step by Step Introduction Peruvian–Chinese Trade and Investment: A Gradual Evolution Extractive Governance and Chinese Engagement Case Studies in Peru: Learning Step by Step Conclusions Notes 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? Introduction Dynamism Debates (Path) Dependence? Conclusions Notes 8 The Agropolis: South America, China, and the Soybean Connection Introduction Chinese Demand South American Supply A New Vector of Integration? The Path Ahead Conclusions and Policy Implications Notes 9 Central America, China, and the US: What Prospects for Development? Central America in the Global Economy The US–Central America Trade Relationship A Descriptive Analysis of Central America’s Trade with China Beyond Trade: Aid and Investment Taiwan, the People’s Republic of China, and Central America China as a Driver of Growth Conclusion Annex Notes 10 Who Wants What for Latin America? Voices For and Against the China-Backed Extractivist Development Model Introduction China’s Involvement in the Andean Region China’s Impact on Development in the Andean Region Conclusion Notes 11 China–Brazil Economic Relations: Too Big to Fail? Introduction The Entrada Chinesa: Mapping the Brazilian Political Debate and the Shift towards Increased Protectionism Neocolonialism and Primarization: Brazilian Exports to China Deindustrialization: Brazilian Imports from China Diversity of Chinese Investments in Brazil Winners and Losers on the Brazilian Side Government Response: A New Wave of Protectionism Case Study: Chinese Investment in Agribusiness Conclusions Notes Conclusion: Final Reflections on the China–Latin America Relationship Economic Asymmetries Industrial Policy and Protectionist Tendencies in Latin America China’s “New Normal” and LAC Minimal Transparency A Bright Future for China and Latin America? Notes Contributors Index