CHINA AND LATIN AMERICA AND CARIBBEAN COOPERATION: OFFICIAL DEVELOPMENT ASSISTANCE AND OTHER OFFICIAL FLOWS (2006-2016)

The emergence of China as a donor has been one of the most important events in the international development cooperation scene in the last twenty years. While Chinese aid to Africa has been studied in detail, this article sets out to investigate China's aid to Latin America and the Caribbean. T...

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Main Author: Lorenzo Maggiorelli
Format: Article
Language:English
Published: Instituto de Pesquisa Econômica Aplicada 2021-03-01
Series:Revista Tempo do Mundo
Subjects:
Online Access:https://www.ipea.gov.br/revistas/index.php/rtm/article/view/254/252
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author Lorenzo Maggiorelli
author_facet Lorenzo Maggiorelli
author_sort Lorenzo Maggiorelli
collection DOAJ
description The emergence of China as a donor has been one of the most important events in the international development cooperation scene in the last twenty years. While Chinese aid to Africa has been studied in detail, this article sets out to investigate China's aid to Latin America and the Caribbean. The amounts of aid and loans have grown significantly, in particular after the financial crisis of 2008, and are increasingly important in a region where the United States traditionally represents the hegemonic power. Using quantitative and qualitative data, the article explores the historical evolution of Chinese aid programs towards the region; the Official for Development Aid flows and Other Official Flows to the region; the motivations that drive China to cooperate with Latin America and the Caribbean, exploring in particular the issue of conditionalities. The article concludes that Chinese aid certainly represents an opportunity for the region in the short term, while for the long term it will be interesting to observe the ongoing development of China's identity as a donor through its new cooperation agency and his star project, the Belt and Road Initiative.
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spelling doaj.art-0e7f01c8c08846d48acdb6e821813b5e2022-12-22T00:37:12ZengInstituto de Pesquisa Econômica AplicadaRevista Tempo do Mundo2176-70252675-150X2021-03-0124199224https://doi.org/10.38116/rtm24art7CHINA AND LATIN AMERICA AND CARIBBEAN COOPERATION: OFFICIAL DEVELOPMENT ASSISTANCE AND OTHER OFFICIAL FLOWS (2006-2016)Lorenzo Maggiorelli0https://orcid.org/0000-0002-4182-8627Associate professor at Universidad Jorge Tadeo Lozano; and PhD in political science from Universidad de los AndesThe emergence of China as a donor has been one of the most important events in the international development cooperation scene in the last twenty years. While Chinese aid to Africa has been studied in detail, this article sets out to investigate China's aid to Latin America and the Caribbean. The amounts of aid and loans have grown significantly, in particular after the financial crisis of 2008, and are increasingly important in a region where the United States traditionally represents the hegemonic power. Using quantitative and qualitative data, the article explores the historical evolution of Chinese aid programs towards the region; the Official for Development Aid flows and Other Official Flows to the region; the motivations that drive China to cooperate with Latin America and the Caribbean, exploring in particular the issue of conditionalities. The article concludes that Chinese aid certainly represents an opportunity for the region in the short term, while for the long term it will be interesting to observe the ongoing development of China's identity as a donor through its new cooperation agency and his star project, the Belt and Road Initiative.https://www.ipea.gov.br/revistas/index.php/rtm/article/view/254/252official development aidforeign aidchinese aidlatin america and the caribbeaninternational cooperation
spellingShingle Lorenzo Maggiorelli
CHINA AND LATIN AMERICA AND CARIBBEAN COOPERATION: OFFICIAL DEVELOPMENT ASSISTANCE AND OTHER OFFICIAL FLOWS (2006-2016)
Revista Tempo do Mundo
official development aid
foreign aid
chinese aid
latin america and the caribbean
international cooperation
title CHINA AND LATIN AMERICA AND CARIBBEAN COOPERATION: OFFICIAL DEVELOPMENT ASSISTANCE AND OTHER OFFICIAL FLOWS (2006-2016)
title_full CHINA AND LATIN AMERICA AND CARIBBEAN COOPERATION: OFFICIAL DEVELOPMENT ASSISTANCE AND OTHER OFFICIAL FLOWS (2006-2016)
title_fullStr CHINA AND LATIN AMERICA AND CARIBBEAN COOPERATION: OFFICIAL DEVELOPMENT ASSISTANCE AND OTHER OFFICIAL FLOWS (2006-2016)
title_full_unstemmed CHINA AND LATIN AMERICA AND CARIBBEAN COOPERATION: OFFICIAL DEVELOPMENT ASSISTANCE AND OTHER OFFICIAL FLOWS (2006-2016)
title_short CHINA AND LATIN AMERICA AND CARIBBEAN COOPERATION: OFFICIAL DEVELOPMENT ASSISTANCE AND OTHER OFFICIAL FLOWS (2006-2016)
title_sort china and latin america and caribbean cooperation official development assistance and other official flows 2006 2016
topic official development aid
foreign aid
chinese aid
latin america and the caribbean
international cooperation
url https://www.ipea.gov.br/revistas/index.php/rtm/article/view/254/252
work_keys_str_mv AT lorenzomaggiorelli chinaandlatinamericaandcaribbeancooperationofficialdevelopmentassistanceandotherofficialflows20062016