Search

This paper examines China-Latin America relations through the Community of Latin American and Caribbean States (CELAC) in the 2011-2018 period. In this context, the main perspectives on integration and regionalism are discussed, and CELAC is shown to possess the characteristics of a regional body. It is proposed that the relationship China seeks through this body can be explained by its interest in institutionalising a mechanism for rapprochement with Latin America and the Caribbean. It is noted that CELAC is seen by China as a strategic vehicle that allows it to engage bilaterally with various countries and develop an economic strategy under structurally asymmetric conditions. However, its institutional nature has prevented it from serving these interests. As per the methodology, documentary and qualitative data analysis is made using the systematisation of an unpublished database. [ABSTRACT FROM AUTHOR]

This paper looks for empirical evidence to show if a very interventionist government stimulates or not private investment in Latin America. Using the same model as Caballew-Urdiales y López-Gallardo (2012), we extend their analysis from five Latin-American countries to all Latin America. The results from our estimated elasticities show evidence in support of three hypothesis: (1) that tax burden (taxes on income and consumption) has significant effects on privateinvestment; (2) that public investment has a crowding out effect with private investment; (3) and that in order to stimulate private investment, the government should have very little intervention. [ABSTRACT FROM AUTHOR]

This paper revives Fernando Fajnzylber's methodology, used to characterize Latin America's development pattern from the nineteen-sixties to the nineteen-eighties, leading him to describe it as a non-equitable growth pattern, which he termed the empty box. This time around, we analyze the last thirty years, aiming to reveal how the development pattern in the region has fundamentally changed, if it has changed at all, and find evidence as to whether the empty box, pursuant to its original definition, persists or not. Implicitly, the task is to propose a critical analysis of Latin American economic development in line with a classic structuralist work, as Fajnyzylber's research is. [ABSTRACT FROM AUTHOR]