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Record Nr. |
UNINA9910786873603321 |
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Autore |
Toro Hardy Alfredo <1950-> |
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Titolo |
The world turned upside down : the complex partnership between China and Latin America / / Alfredo Toro Hardy |
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Pubbl/distr/stampa |
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Hackensack, N.J., : World Scientific, 2013 |
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New Jersey : , : World Scientific, , [2013] |
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�2013 |
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ISBN |
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Descrizione fisica |
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1 online resource (xxiv, 243 pages) : illustrations, maps |
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Collana |
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Series on contemporary China, , 1793-0847 ; ; vol. 34 |
Gale eBooks |
Series on contemporary China, , 1793-0847 ; ; v. 34 |
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Disciplina |
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Soggetti |
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China Foreign economic relations Latin America |
Latin America Foreign economic relations China |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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Contents; Foreword by Geoffrey Hawthorn; Foreword by Xulio Ríos; Foreword by L. Enrique García; Acknowledgements; Introduction; Endnotes; Chapter 1 Emerging China; Shareholder capitalism versus stakeholder capitalism; The Washington Consensus; The GATT Uruguay Round; The pendulum starts swinging back; The Asian crisis; The Beijing Consensus; The Singapore model; China and the developing world; The Lewis turning point; China's ruder; Chapter 2 A Declining West; Mighty Chiindia; The Indian model; A multicultural globalisation; The Global South and shareholder capitalism |
The West: An embattled fortressThe United States lagging behind; Obama's response to a rising China; 2008: The American decline; The Euro zone's nightmare; Timing incompatibility and incompatible objectives; Japan's three "D"s; The West's lonely band; Decoupling; Chapter 3 A Dragon in Latin Lands; The dragon that appeared from nowhere; What is Latin America?; Latin America plus the Caribbean; The import-substituting industrialisation process; Flaws, results and implosion; Opening of the gates; China's redeeming virtue; Mexican-type economies; Brazilian-type economies |
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China's investments and loansThe in between economies; Commodities: Curse or development opportunity?; Chapter 4 Is There a Future for Latin America?; Between China's torch and technology's Damocles sword; Where does Latin America go from here?; Commodities exporters' first steps; The Belindia syndrome; Services: The new exports frontier; Global chains of value; Infrastructural development; Sovereign wealth funds; White paper and negotiations; Conclusion; Bibliography; About the Author; Index |
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Sommario/riassunto |
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Acting as a Sorcerer's Apprentice, the West incorporated 1.3 billion Chinese and 1.2 billion Indians into the world's labour equation within a context of lower production costs. This resulted in erosion of its competitive capacity and social stability, while greatly benefiting developing economies, many of which were able to emerge with unprecedented speed. With China as the main engine, the developing economies have become increasingly integrated, sustaining in the process a fundamental part of the global trade growth. While this phenomenon took shape, excesses within Western economies genera |
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