Fear of China : is there a future for manufacturing in Latin America ? (Occasional Paper ITD = Documento de Divulgación ITD ; n. 36)
Author | : Mauricio Mesquita Moreira |
Publisher | : BID-INTAL |
Total Pages | : 48 |
Release | : 2006 |
ISBN-10 | : 9789507382376 |
ISBN-13 | : 9507382372 |
Rating | : 4/5 (76 Downloads) |
Download or read book Fear of China : is there a future for manufacturing in Latin America ? (Occasional Paper ITD = Documento de Divulgación ITD ; n. 36) written by Mauricio Mesquita Moreira and published by BID-INTAL. This book was released on 2006 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's emergence has raised pointed questions about the future of manufacturing in Latin America. This paper looks at this challenge and its implications. It begins by asking: Does manufacturing still matter for Latin America? It argues that the region cannot afford to turn its back to a well-proven road to development. It then moves on to show that endowments, productivity, scale and the government's role, all work together to make China a formidable competitor. The importance of this challenge is confirmed by an analysis of the trade data, which suggests a small impact so far, but a disquieting trend.