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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Main Author: Roberto Alexandre Zanchetta Borghi
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/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.
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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
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