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Chinese Development Assistance In The Region Of Latin America (Čínska Rozvojová Pomoc V Latinskoamerickom Regióne)

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Listed:
  • Monika Erbenova

    (Faculty of International Relations, University of Economics in Prague)

Abstract

Development assistance is a tool, which is used (among other tools) by the developed world to support economic development in less developed countries. Nowadays, new players have been appearing among the donors – the BRIC countries. This paper is dedicated to principles of the Chinese development assistance and its practices in the region of Latin America. China is not a traditional donor but its position is gradually becoming stronger. The main motivation for Chinese activities in providing development assistance within the given region are mainly Latin American reserves of raw materials and the size of its market and thus potential demand for Chinese goods. It is important to acknowledge that China has a completely different set of rules compared to traditional OECD donors, including loans provided for the realization of development projects as a part of development assistance. (Rozvojová pomoc je jedním z nástrojů, kterým se rozvinutý svět snaží podpořit rozvoj v méně rozvinutých zemích. Mezi její poskytovatele se však v souvislosti se svým ekonomickým vzestupem začínají řadit take země BRIC. Tento článek je věnován principům čínské rozvojové pomoci a jejím praktikám v latinsko-americkém regionu. Čína v tomto regionu není tradičním partnerem, ale své postavení si v průběhu času stále upevňuje. Hlavním motivem pro čínské aktivity v tomto ohledu je zejména surovinový potenciál daných zemí a velikost těchto trhů související s možnou poptávkou po čínském zboží. Je důležité si uvědomit, že Čína uplatňuje pro tuto oblast aktivit zcela jiná pravidla, než je tomu v zemích OECD. Důležitým prvkem spolupráce mezi Čínou a zeměmi Latinské Ameriky jsou tudíž také čínské úvěry čerpané pro realizaci rozvojových projektů.)

Suggested Citation

  • Monika Erbenova, 2014. "Chinese Development Assistance In The Region Of Latin America (Čínska Rozvojová Pomoc V Latinskoamerickom Regióne)," Medzinarodne vztahy (Journal of International Relations), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 12(1), pages 53-72.
  • Handle: RePEc:brv:journl:v:12:y:2014:i:1:p:53-72
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    File URL: https://fmv.euba.sk/RePEc/brv/journl/MV2014-1.pdf
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    References listed on IDEAS

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    1. George P. Brockway, 1983. "On Speculation: A Footnote to Keynes," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 5(4), pages 515-522, July.
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    More about this item

    Keywords

    Chinese development assistance; Latin America; cooperation; loans;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • F35 - International Economics - - International Finance - - - Foreign Aid
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development

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