CHINA’S TRADE SPECIALIZATION PATTERN WITH LATIN AMERICAN AND AFRICAN ECONOMIES: REVISITING THE CORE-PERIPHERY DICHOTOMY
China’s economic rise has led to the rethinking of international relations not only between developed and developing economies, but also within developing economies. This paper compares the trade pattern established between China and Latin American and African economies in the 21st century. Results...
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Format: | Article |
Language: | English |
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Instituto de Pesquisa Econômica Aplicada
2021-03-01
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Series: | Revista Tempo do Mundo |
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Online Access: | https://www.ipea.gov.br/revistas/index.php/rtm/article/view/268/246 |
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author | Roberto Alexandre Zanchetta Borghi |
author_facet | Roberto Alexandre Zanchetta Borghi |
author_sort | Roberto Alexandre Zanchetta Borghi |
collection | DOAJ |
description | China’s economic rise has led to the rethinking of international relations not only between developed and developing economies, but also within developing economies. This paper compares the trade pattern established between China and Latin American and African economies in the 21st century. Results show that the importance assumed by China through asymmetrical trade relations with other developing peers renews core-periphery development concerns central to the structuralist theory. It is highlighted that there are important differences observed among countries, but overall relations should move toward greater economic and technological upgrading, as both Latin American and African economies face difficulties to industrialize or, in some cases, the risk of deindustrialization. |
first_indexed | 2024-12-12T19:26:39Z |
format | Article |
id | doaj.art-b7a59d832e324da2b0e370cf220e4fda |
institution | Directory Open Access Journal |
issn | 2176-7025 2675-150X |
language | English |
last_indexed | 2024-12-12T19:26:39Z |
publishDate | 2021-03-01 |
publisher | Instituto de Pesquisa Econômica Aplicada |
record_format | Article |
series | Revista Tempo do Mundo |
spelling | doaj.art-b7a59d832e324da2b0e370cf220e4fda2022-12-22T00:14:30ZengInstituto de Pesquisa Econômica AplicadaRevista Tempo do Mundo2176-70252675-150X2021-03-01242752https://doi.org/10.38116/rtm24art1CHINA’S TRADE SPECIALIZATION PATTERN WITH LATIN AMERICAN AND AFRICAN ECONOMIES: REVISITING THE CORE-PERIPHERY DICHOTOMYRoberto Alexandre Zanchetta Borghi0https://orcid.org/0000-0001-5471-9705Professor of Economics at the University of Campinas (IE/Unicamp), BrazilChina’s economic rise has led to the rethinking of international relations not only between developed and developing economies, but also within developing economies. This paper compares the trade pattern established between China and Latin American and African economies in the 21st century. Results show that the importance assumed by China through asymmetrical trade relations with other developing peers renews core-periphery development concerns central to the structuralist theory. It is highlighted that there are important differences observed among countries, but overall relations should move toward greater economic and technological upgrading, as both Latin American and African economies face difficulties to industrialize or, in some cases, the risk of deindustrialization.https://www.ipea.gov.br/revistas/index.php/rtm/article/view/268/246chinalatin americaafricatradestructuralism |
spellingShingle | Roberto Alexandre Zanchetta Borghi CHINA’S TRADE SPECIALIZATION PATTERN WITH LATIN AMERICAN AND AFRICAN ECONOMIES: REVISITING THE CORE-PERIPHERY DICHOTOMY Revista Tempo do Mundo china latin america africa trade structuralism |
title | CHINA’S TRADE SPECIALIZATION PATTERN WITH LATIN AMERICAN AND AFRICAN ECONOMIES: REVISITING THE CORE-PERIPHERY DICHOTOMY |
title_full | CHINA’S TRADE SPECIALIZATION PATTERN WITH LATIN AMERICAN AND AFRICAN ECONOMIES: REVISITING THE CORE-PERIPHERY DICHOTOMY |
title_fullStr | CHINA’S TRADE SPECIALIZATION PATTERN WITH LATIN AMERICAN AND AFRICAN ECONOMIES: REVISITING THE CORE-PERIPHERY DICHOTOMY |
title_full_unstemmed | CHINA’S TRADE SPECIALIZATION PATTERN WITH LATIN AMERICAN AND AFRICAN ECONOMIES: REVISITING THE CORE-PERIPHERY DICHOTOMY |
title_short | CHINA’S TRADE SPECIALIZATION PATTERN WITH LATIN AMERICAN AND AFRICAN ECONOMIES: REVISITING THE CORE-PERIPHERY DICHOTOMY |
title_sort | china s trade specialization pattern with latin american and african economies revisiting the core periphery dichotomy |
topic | china latin america africa trade structuralism |
url | https://www.ipea.gov.br/revistas/index.php/rtm/article/view/268/246 |
work_keys_str_mv | AT robertoalexandrezanchettaborghi chinastradespecializationpatternwithlatinamericanandafricaneconomiesrevisitingthecoreperipherydichotomy |