Fear Of China Is There A Future For Manufacturing In Latin America Occasional Paper Itd Documento De Divulgacion Itd N 36
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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 |
Genre | : Foreign trade promotion |
ISBN | : 9507382372 |
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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.
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