China's and India's
            Challenge to Latin America : Opportunity or Threat?

Lederman, Daniel; Olarreaga, Marcelo; Perry, Guillermo E.

dc.creator	Lederman, Daniel
dc.creator	Olarreaga, Marcelo
dc.creator	Perry, Guillermo E.
dc.date	2012-03-19T10:02:32Z
dc.date	2012-03-19T10:02:32Z
dc.date	2009
dc.date.accessioned	2023-02-17T20:38:39Z
dc.date.available	2023-02-17T20:38:39Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090128002333
dc.identifier	978-0-8213-7308-8
dc.identifier	http://hdl.handle.net/10986/2591
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/242994
dc.description	China's and India's fast economic growth since 1990 is paralleled only by their growing presence in policy discussions throughout the Latin America and the Caribbean (LAC) region. The success of these Asian countries is looked upon with admiration, but there is also concern about the effects that growing Chinese and Indian exports may have on the manufacturing and service sectors throughout LAC. Blame for the private sector's poor performance in some LAC countries often falls on the growing presence of China, and to a lesser extent India, in world markets. The rest of this introduction is organized as follows: the next section summarizes the evidence on the positive aggregate effects of China's and India's growth in world trade markets, foreign direct investment (FDI) flows, and innovation activities on LAC economies, and is followed by a section presenting evidence on the effects of China's and India's growth within industries, concluding that negative effects are limited to certain manufacturing and service sectors, in particular in Mexico and to a lesser extent in Central America and the Caribbean. Next is a section that summarizes evidence of the effects of China's and India's growth on specialization patterns and factor adjustments, and actual and potential policy responses by LAC governments. The final section summarizes policy implications.
dc.language	English
dc.publisher	World Bank
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo
dc.rights	World Bank
dc.subject	ACCUMULATION OF RESERVES
dc.subject	ADJUSTMENT COSTS
dc.subject	ANTIDUMPING
dc.subject	ANTIDUMPING CASES
dc.subject	ANTIDUMPING DUTIES
dc.subject	APPAREL
dc.subject	APPAREL INDUSTRIES
dc.subject	APPAREL INDUSTRY
dc.subject	ASSETS
dc.subject	BILATERAL AGREEMENTS
dc.subject	BILATERAL COOPERATION
dc.subject	BILATERAL TRADE
dc.subject	BUSINESS CYCLE
dc.subject	BUSINESS CYCLE SYNCHRONIZATION
dc.subject	BUSINESS CYCLES
dc.subject	CAPITAL FLOWS
dc.subject	CAPITAL MARKETS
dc.subject	CAPITAL OUTFLOWS
dc.subject	CAPITAL STOCK
dc.subject	CAPITAL STOCKS
dc.subject	CENTRAL BANK
dc.subject	COMMODITIES
dc.subject	COMMODITY PRICE
dc.subject	COMMODITY PRICES
dc.subject	COMPARATIVE ADVANTAGE
dc.subject	COMPETITIVENESS
dc.subject	CONSTANT ELASTICITY OF SUBSTITUTION
dc.subject	CONSUMER PREFERENCES
dc.subject	CONSUMERS
dc.subject	COPYRIGHT CLEARANCE
dc.subject	COPYRIGHT CLEARANCE CENTER
dc.subject	CORPORATE GOVERNANCE
dc.subject	CORRELATION ANALYSIS
dc.subject	CORRELATION COEFFICIENT
dc.subject	CORRELATION OF BUSINESS CYCLES
dc.subject	COUNTRY DUMMIES
dc.subject	COUNTRY ECONOMY
dc.subject	DEMAND SHOCKS
dc.subject	DEPENDENT VARIABLE
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPMENT ECONOMICS
dc.subject	DEVELOPMENT POLICIES
dc.subject	DOMESTIC MARKETS
dc.subject	DOMESTIC PRODUCERS
dc.subject	ECONOMETRIC MODEL
dc.subject	ECONOMIC COOPERATION
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC POLICIES
dc.subject	ECONOMIC POLICY
dc.subject	ECONOMIC RELATIONS
dc.subject	ECONOMIC RESEARCH
dc.subject	ECONOMIC SIZE
dc.subject	ECONOMICS
dc.subject	ECONOMICS RESEARCH
dc.subject	ELASTICITY
dc.subject	ELASTICITY OF SUBSTITUTION
dc.subject	EXPLANATORY VARIABLE
dc.subject	EXPORT GROWTH
dc.subject	EXPORT MARKET
dc.subject	EXPORT PRICES
dc.subject	EXPORT SPECIALIZATION
dc.subject	EXPORT SUPPLY
dc.subject	EXPORT VOLUME
dc.subject	EXPORTER
dc.subject	EXPORTERS
dc.subject	EXPORTS
dc.subject	EXPOSURE
dc.subject	EXTERNALITIES
dc.subject	FACTOR ENDOWMENTS
dc.subject	FACTORS OF PRODUCTION
dc.subject	FEDERAL RESERVE
dc.subject	FINANCIAL SECTOR
dc.subject	FISCAL POLICY
dc.subject	FOREIGN ASSET
dc.subject	FOREIGN ASSET HOLDINGS
dc.subject	FOREIGN CAPITAL
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	FOREIGN INVESTMENT
dc.subject	FOREIGN RELATIONS
dc.subject	FREE TRADE
dc.subject	FREE TRADE AGREEMENT
dc.subject	FREE TRADE AREA
dc.subject	GDP
dc.subject	GDP PER CAPITA
dc.subject	GENERAL AGREEMENT ON TARIFFS
dc.subject	GENERAL EQUILIBRIUM
dc.subject	GEOGRAPHIC PROXIMITY
dc.subject	GLOBAL COMPETITION
dc.subject	GLOBAL ECONOMY
dc.subject	GLOBAL LIQUIDITY
dc.subject	GLOBAL MARKETPLACE
dc.subject	GLOBAL MARKETS
dc.subject	GLOBALIZATION
dc.subject	GRAVITY MODEL
dc.subject	GROSS DOMESTIC PRODUCT
dc.subject	GROSS DOMESTIC PRODUCT PER CAPITA
dc.subject	HUMAN CAPITAL
dc.subject	IMPACT OF TRADE
dc.subject	IMPORT COMPETITION
dc.subject	IMPORT DATA
dc.subject	IMPORT DEMAND
dc.subject	IMPORT MARKETS
dc.subject	IMPORT PENETRATION
dc.subject	IMPORT PRICE
dc.subject	IMPORT PRICES
dc.subject	IMPORT TARIFFS
dc.subject	IMPORTS
dc.subject	INCOME LEVELS
dc.subject	INDUSTRIAL PRODUCTION
dc.subject	INDUSTRIAL SECTOR
dc.subject	INDUSTRY TRADE
dc.subject	INEQUALITY
dc.subject	INSTRUMENTAL VARIABLES
dc.subject	INTERMEDIATE GOODS
dc.subject	INTERNATIONAL ECONOMICS
dc.subject	INTERNATIONAL FINANCE
dc.subject	INTERNATIONAL INTEREST
dc.subject	INTERNATIONAL INTEREST RATES
dc.subject	INTERNATIONAL MARKETS
dc.subject	INTERNATIONAL STANDARD
dc.subject	INTERNATIONAL TRADE
dc.subject	INTERNATIONAL TRADE COMMISSION
dc.subject	INVESTMENT CLIMATE
dc.subject	INVESTMENT OPPORTUNITIES
dc.subject	INVESTOR PROTECTION
dc.subject	JOB CREATION
dc.subject	LABOR FORCE
dc.subject	LABOR MARKETS
dc.subject	LIQUIDITY
dc.subject	LOBBYING
dc.subject	MACROECONOMIC VULNERABILITY
dc.subject	MACROECONOMICS
dc.subject	MARKET SHARE
dc.subject	MARKET SHARES
dc.subject	MONOPOLISTIC COMPETITION
dc.subject	MULTINATIONAL ENTERPRISES
dc.subject	MULTINATIONAL FIRMS
dc.subject	NATURAL RESOURCE
dc.subject	NATURAL RESOURCES
dc.subject	NET EXPORTER
dc.subject	NET EXPORTS
dc.subject	OPEN ECONOMY
dc.subject	OUTPUT
dc.subject	PATENTS
dc.subject	POLITICAL ECONOMY
dc.subject	POSITIVE EXTERNALITIES
dc.subject	PREFERENTIAL ACCESS
dc.subject	PREFERENTIAL TARIFFS
dc.subject	PREFERENTIAL TRADE
dc.subject	PRICE INDEXES
dc.subject	PRIMARY COMMODITY
dc.subject	PRIVATE CAPITAL
dc.subject	PRIVATIZATION
dc.subject	PRODUCTION STRUCTURES
dc.subject	PRODUCTIVITY
dc.subject	PROTECTIONISM
dc.subject	PROTECTIONIST
dc.subject	PUBLIC DEFICITS
dc.subject	QUOTAS
dc.subject	RAPID GROWTH
dc.subject	REGIONAL TRADE
dc.subject	REGIONAL TRADE AGREEMENTS
dc.subject	REGRESSION ANALYSIS
dc.subject	RELATIVE PRICES
dc.subject	REMITTANCES
dc.subject	RESERVE BANK
dc.subject	SAFETY NETS
dc.subject	SHARE OF WORLD EXPORTS
dc.subject	SIDE EFFECTS
dc.subject	SLOWDOWN
dc.subject	SOCIAL DEVELOPMENT
dc.subject	SPECIALIZATION
dc.subject	SUGAR PRICES
dc.subject	SUPPLY CAPACITIES
dc.subject	SUPPLY CAPACITY
dc.subject	SUPPLY CONDITIONS
dc.subject	SUPPLY SHOCKS
dc.subject	SUPPLY SIDES
dc.subject	SUPPLY-SIDE
dc.subject	SURPLUSES
dc.subject	TELECOMMUNICATIONS
dc.subject	TERMS-OF-TRADE GAINS
dc.subject	TOTAL EXPORTS
dc.subject	TOTAL FACTOR PRODUCTIVITY
dc.subject	TOTAL IMPORT
dc.subject	TOURISM
dc.subject	TRADE BALANCE
dc.subject	TRADE CLASSIFICATION
dc.subject	TRADE COSTS
dc.subject	TRADE DATA
dc.subject	TRADE FLOWS
dc.subject	TRADE IN GOODS
dc.subject	TRADE IN SERVICES
dc.subject	TRADE INTEGRATION
dc.subject	TRADE LIBERALIZATION
dc.subject	TRADE POLICIES
dc.subject	TRADE RELATIONSHIPS
dc.subject	TRADE SHOCKS
dc.subject	TRADE STATISTICS
dc.subject	TRADEMARKS
dc.subject	TRADING PARTNERS
dc.subject	UNEMPLOYMENT
dc.subject	UNSKILLED LABOR
dc.subject	VALUE ADDED
dc.subject	WAGES
dc.subject	WEALTH
dc.subject	WORLD DEMAND
dc.subject	WORLD DEVELOPMENT INDICATORS
dc.subject	WORLD MARKETS
dc.subject	WORLD PRICE
dc.subject	WORLD TRADE
dc.subject	WORLD TRADE ORGANIZATION
dc.subject	WTO
dc.title	China's and India's Challenge to Latin America : Opportunity or Threat?
dc.type	Publications & Research :: Publication
dc.type	Publications & Research :: Publication
dc.coverage	Latin America & Caribbean
dc.coverage	Latin America
dc.coverage	Caribbean
dc.coverage	China
dc.coverage	India