Latin America and China: mutual benefit or dependency?
This report examines whether trade relations between China and Latin America are mutually beneficial or reinforce Latin America's dependency on the international stage.
(Generated with the help of GPT-4)
Quick Facts | |
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Report location: | source |
Language: | English |
Publisher: | |
Authors: | Fernando Salgueiro Perobelli, Suzana Quinet De Andrade Bastos, Damares Lopes, Suzana Quinet De Andrade, Damares Lopes Afonso, Fernando Salgueiro |
Geographic focus: | Latin America, China |
Page count: | páginas. 147-17 |
Methods
The research employed the computable general equilibrium (CGE) model of the Global Trade Analysis Project (GTAP) to simulate the effects of Chinese economic growth on Latin American countries by expanding China's capital stock by 10%.
(Generated with the help of GPT-4)
Key Insights
The study analyzes the impact of China's economic growth on Latin America using the GTAP model, revealing a shift towards commodity exports and a decline in industrial activity in the region, despite overall well-being improvements due to better terms of trade.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: China geographic scope | English publication language | Latin America geographic scope | china | commodities | economic dependence | economic development | exports | imports | industrialization | international economic relations | international trade | latin america | trade policy