China’s trade impact on Latin America is positive via an export boom and indirectly better terms of trade. Its emergence is also a wake up call for the region: more reforms are needed, especially in infrastructure, in order to maintain Latin America’s comparative advantage. The Chinese windfall brings risks of exclusion in a “raw materials corner” out of global value chains.
China
A Helping Hand for Latin America?
Policy paper
OECD Development Centre Policy Insights
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Abstract
In the same series
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1 June 2011
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