People's Republic of China's Competitive Threat to Latin America: An Analysis for 1990-2002
Lall, Sanjaya; Weiss, John | September 2004
Abstract
This paper explores the competitive threat posed by People’s Republic of China (PRC) to Latin America and Caribbean (LAC). It focuses on the impact of PRC’s rise as a major exporter of manufactures, but it also considers bilateral trade between LAC and PRC. We explore these issues with trade data for 1990-2002 (2003 data are not available for all relevant countries), analysing and comparing export performance and specialization patterns in the world as a whole and in the US, the main market for both. We do not undertake a detailed analysis of the competitiveness at the industrial or product level: this would require detailed empirical investigation of the main export actors, benchmarking of productivity and capabilities and comparisons of national costs and policies, well beyond our scope. Our paper is thus a preliminary mapping that may offer insights for further, more detailed exploration.
Citation
Lall, Sanjaya; Weiss, John. 2004. People's Republic of China's Competitive Threat to Latin America: An Analysis for 1990-2002. © Asian Development Bank. http://hdl.handle.net/11540/3602. License: CC BY 3.0 IGO.Keywords
Industry
Development Economics
Economic Models
Organization for Economic Cooperation and Development
Securities
Mines
Competition
Industrial competition
Unfair competition
Monopolies
Competition policy
Development cooperation
Economic discrimination
Industrial Development
Financial Services Industry
Industrial Sector
Competition
Comparative economics
Communication in economic development
Industrialization
Monopoly
Barriers to entry
Monopolistic competition
Restraint of trade
Price discrimination
Imperfect competition
Press monopoly
Diversification in industry
Unfair competition
Investment banking
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