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Developing Regions Facing China in a Neoliberalized World

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  • Alex E. Fernández Jilberto

    (Alex E. Fernández Jilberto is senior lecturer in International Relations at the University of Amsterdam. He has published various articles and books on the political economy of Latin America and developing countries in general. His most recent publications include the co-edited volumes Big Business and Economic Development: Conglomerates and Economic Groups in Developing Countries and Transition Economies under Globalisation (with Barbara Hogenboom, Routledge, 2007), Latin American Conglomerates and Economic Groups under Globalization (with Barbara Hogenboom, a special double issue of the Journal of Developing Societies, vol. 20, nos 3&4, Sage, 2004), Good Governance in the Era of Global Neoliberalism: Conflict and Depolitisation in Latin America, Eastern Europe, Asia and Africa (with Jolle Demmers and Barbara Hogenboom, Routledge, 2004), Labour Relations in Development (with Marieke Riethof, Routledge, 2002),Miraculous Metamorphoses:The Neoliberalization of Latin American Populism (with Jolle Demmers and Barbara Hogenboom, Zed Books, 2001), Regionalization and Globalization in the Modern World Economy: Perspectives on the Third World and Transitional Economies (with André Mommen, Routledge, 1998). Address: Department of Political Science, University of Amsterdam, O.Z.Achterburgwal 237, 1012 DL Amsterdam, The Netherlands. Email: fernandezjilberto@pscw.uva.nl)

  • Barbara Hogenboom

    (Barbara Hogenboom is lecturer in Political Science at the Centre for Latin American Research and Documentation (CEDLA) in Amsterdam. She writes on transnational politics, globalization processes, and political and economic development in Mexico and Latin America. Among her recent publications are various co-edited volumes, including Big Business and Economic Development: Conglomerates and Economic Groups in Developing Countries and Transition Economies under Globalisation (with Alex E. Fernández Jilberto, Routledge, 2007), Latin American Conglomerates and Economic Groups under Globalization (with Alex E. Fernández Jilberto, a special double issue of the Journal of Developing Societies, vol. 20, nos 3&4, Sage, 2004),Good Governance in the Era of Global Neoliberalism: Conflict and Depolitisation in Latin America, Eastern Europe, Asia and Africa (with Jolle Demmers and Alex E. Fernández Jilberto, Routledge, 2004), Miraculous Metamorphoses: The Neoliberalization of Latin American Populism (with Jolle Demmers and Alex E. Fernández Jilberto, Zed Books, 2001), and the monograph Mexico and the NAFTA Environment Debate: The Transnational Politics of Economic Integration (International Books, 1998).Address: Centre for Latin American Research and Documentation, Keizersgracht 395–397, 1016 EK Amsterdam, The Netherlands. Email: b.b.hogenboom@cedla.nl)

Abstract

The rapid expansion of China is one of the key economic and political issues at the start of the twenty-first century. China's importance in South-South trade (and competition) as well as in South-South investment has already brought about many changes for developing regions, and they are likely to be extrapolated in the years to come. The growing economic position of the biggest developing country in the world implies much greater political power, affecting all other countries as well as international relations and global politics. For Asia, Africa, Latin America, the Middle East, and Eastern and Central Europe, the effects are likely to be far reaching. This article first looks into the global expansion of China, providing an overview of some striking economic figures. It also reviews the economic development of China, explaining how its communist party has used neoliberal measures to cause an economic transformation. It then analyzes how this transformation has affected China's role in Asia and China's policies towards the ‘Global South’. Finally, contemporary South-South relations in the context of globalized markets are discussed.

Suggested Citation

  • Alex E. Fernández Jilberto & Barbara Hogenboom, 2007. "Developing Regions Facing China in a Neoliberalized World," Journal of Developing Societies, , vol. 23(3), pages 305-339, July.
  • Handle: RePEc:sae:jodeso:v:23:y:2007:i:3:p:305-339
    DOI: 10.1177/0169796X0702300302
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    References listed on IDEAS

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    1. Yao, Shujie, 2000. "Economic Development and Poverty Reduction in China over 20 Years of Reforms," Economic Development and Cultural Change, University of Chicago Press, vol. 48(3), pages 447-474, April.
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