IDEAS home Printed from https://ideas.repec.org/b/oxp/obooks/9780190246730.html
   My bibliography  Save this book

The China Triangle: Latin America's China Boom and the Fate of the Washington Consensus

Author

Listed:
  • Gallagher, Kevin P.

    (Boston University)

Abstract

In less than a quarter century, China has gone from one of the poorest to one of the largest economies in the world. As China grew from a rural economy to the largest industrial powerhouse since the Industrial Revolution, it demanded more and more steel for factories and new cities, copper for electronic wires, petroleum for cars and manufacturing plants, and soybeans to feed people and cattle in a country with an increasing standard of living and diversified diet. Many Latin American countries rode China's coattails and prospered. From the turn of the century when China entered the World Trade Organization until 2013, Latin America served as a strategic location that supplied China with these primary commodities and more, allowing it to log one of the region's most impressive periods of economic growth in a fifty years. In The China Triangle, Boston University political economist Kevin P. Gallagher argues that Latin American nations have little to show for riding the coattails of the "China Boom" and now face significant challenges for the next decades as China's economy slows down and transforms itself in a variety of ways. While the region saw significant economic growth due to China's rise over the past decades, Latin Americans saved very little of the windfall profits it earned while the region saw a significant hollowing of its industrial base. What is more, commodity-led growth during the China boom reignited social and environmental conflicts across the region. Scholars and reporters have covered the Chinese expansion into East Asia, Southeast Asia, Australasia, Africa, the US, and Europe. Yet China's penetration Latin America is as little understood as it is significant. Gallagher provides a clear overview of China's growing economic ties with Latin America and points to ways that Latin American nations, China, and even the United States can act in order to make the next decades of China-Latin America economic activity more prosperous for all involved.

Suggested Citation

  • Gallagher, Kevin P., 2016. "The China Triangle: Latin America's China Boom and the Fate of the Washington Consensus," OUP Catalogue, Oxford University Press, number 9780190246730.
  • Handle: RePEc:oxp:obooks:9780190246730
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cunha, André Moreira & Lélis, Marcos Tadeu Caputi & Haines, Andrés Ernesto Ferrari & Franke, Luciane, 2023. "Exports of manufactured goods and structural change: Brazil in the face of Chinese competition," Structural Change and Economic Dynamics, Elsevier, vol. 64(C), pages 1-12.
    2. Chiliatto-Leite, Marcos Vinicius, 2021. "Constrained integration in Latin America: analysis based on a twenty-first-century centre-periphery vision," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    3. Anthony Bebbington & Abdul-Gafaru Abdulai & Marja Hinfelaar & Denise Humphreys Bebbington & Cynthia Sanborn, 2017. "Political settlements and the governance of extractive industry: A comparative analysis of the longue duree in Africa and Latin America," Global Development Institute Working Paper Series esid-081-17, GDI, The University of Manchester.
    4. Graña-Colella, Santiago & Silva Neira, Ignacio, 2024. "Export manufacture competitiveness and commodity dependence: An empirical analysis of the Dutch Disease on Argentina and Chile during the commodity price boom," IPE Working Papers 232/2024, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    5. Xu Jiajun, 2017. "Market Maker: The Role of China Development Bank in Incubating Market," Man and the Economy, De Gruyter, vol. 4(2), pages 1-23, December.
    6. Richard Q. Turcsányi, 2020. "China and the Frustrated Region: Central and Eastern Europe’s Repeating Troubles with Great Powers," China Report, , vol. 56(1), pages 60-77, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oxp:obooks:9780190246730. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Economics Book Marketing (email available below). General contact details of provider: http://www.oup.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.