The China Triangle: Latin America'S China Boom And The Fate Of The Washington Consensus

Gallagher traces the development of the China-Latin America trade over time and covers how it has affected the centuries-old (and highly unequal) US-Latin American relationship. He argues that despite these opportunities Latin American nations have little to show for riding the coattails of the 'China Boom' and now face significant challenges in the next decades as China's economy slows down and shifts more toward consumption and services. While the Latin American 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 even as 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.

• | Author: Kevin Gallagher
• | Publisher: Oxford University Press
• | Publication Date: Mar 21, 2016
• | Number of Pages: 257 pages
• | Language: English
• | Binding: Hardcover/Business & Economics
• | ISBN-10: 0190246731
• | ISBN-13: 9780190246730