This volume explores the policy dynamics, economic commitments and social impacts of the fast evolving Sino-LAC relations. China’s engagement with Latin America and the Caribbean has entered into an era of strategic transition. While China is committed to strengthening its economic and political ties with Latin America and the Caribbean, Latin America as a bloc is enthusiastically echoing China’s endeavor by diverting their focus toward the other side of the ocean. The transitional aspect of China-LAC ties is phenomenal, and is manifested not only in the accelerating momentum of trade, investment, and loan but also in the China-CELAC Forum mechanism that maps out an institutional framework for decades beyond. While Latin America is redefined as an emerging priority to the leadership in Beijing, what are the responses from Latin America and the United States? In this sense, experts from four continents provide local answers to this global question.

The economic successes of China and India are viewed with admiration but also with concern because of the effects that the growth of these Asian economies may have on the Latin American and Caribbean (LAC) region. The evidence in 'China's and India's Challenge to Latin America' indicates that certain manufacturing and service industries in some countries have been negatively affected by Chinese and Indian competition in third markets and that LAC imports from China and India have been associated with modest unemployment and adjustment costs in manufacturing industries. The book also provides substantial evidence of positive aggregate effects for LAC economies associated with China's and India's greater presence in world exports, financial flows, and innovation. Chinese and Indian growth is creating new production possibilities for LAC economies, particularly in sectors that rely on natural resources and scientific knowledge.

This book explores China’s engagement with Latin America and the Caribbean as a case study of its broader effort to use commercial tools and instruments of state to create a global economic order that functions to its benefit, while neutralizing challenges from institutions, states, and others that would oppose it. Unlike the common representation of the Cold War as a political-military struggle, this work uniquely examines China’s current efforts as primarily seeking to dominate global value chains, with supporting political, technological, and military components. In this regard, it both leverages and goes beyond works based on dependency theory, which has played a key role in the academic and popular discourse in the region. The book examines evidence for China’s economically-focused strategy within Latin America and the Caribbean, including the interrelationships and coordination between China’s activities in different sectors, and between commercial, political, and other dimensions in the region. It further looks at the supporting role played by a diverse range of Chinese initiatives, from China’s Belt and Road initiative, to people-to-people diplomacy, soft power, security engagement, and the PRC struggle with Taiwan for diplomatic recognition in the region, among others. The book highlights the implications for Latin America and the Caribbean, and for the U.S. whose prosperity and security is intimately tied to the region.

Over the past few years, something remarkable has occurred in Latin America. For the first time since the Sandinista Revolution in Nicaragua in the 1980s, people within the region have turned toward radical left governments - specifically in Venezuela, Bolivia, and Ecuador. Why has this profound shift taken place and how does this new, so-called Twenty-First-Century Socialism actually manifest itself? What are we to make of the often fraught relationship between the social movements and governments in these countries and do, in fact, the latter even qualify as 'socialist' in reality? These are the bold and critical questions that Latin America's Turbulent Transitions explores. The authors provocatively argue that although US hegemony in the region is on the wane, the traditional socialist project is also declining and something new is emerging. Going beyond simple conceptions of 'the left', the book reveals the true underpinnings of this powerful, transformative, and yet also complicated and contradictory process.

An insightful examination of the political and economic ties between China and Latin America from the 1950s to the present This book explores the impact of Chinese growth on Latin America since the early 2000s. Roughly twenty years ago, Chinese entrepreneurs headed to the Western Hemisphere in search of profits and commodities, specifically those that China lacked and that some Latin American countries held in abundance—copper, iron ore, crude oil, soybeans, and fish meal. Focusing largely on Argentina, Brazil, Chile, Costa Rica, Mexico, and Peru, Carol Wise traces the evolution of political and economic ties between China and these countries and analyzes how success has varied by sector, project, and country. She also assesses the costs and benefits of Latin America’s recent pivot toward Asia. Wise argues that while opportunities for closer economic integration with China are seemingly infinite, so are the risks, and contends that the best outcomes have stemmed from endeavors where the rule of law, regulatory oversight, and a clear strategy exist on the Latin American side.

The purpose of this publication is to take stock on recent social, political and economic developments in Latin America. It seeks to present a broad look of the region, identify trends despite its heterogeneity and propose future trends. Latin America's current situation is marked by political extremism, the erosion or collapse of democratic institutions, economic stagnation in some countries, and a reversal of the social improvements of the early 21st century. "Unfulfilled Promises" proposes a multifaceted explanation to understand the drivers behind this challenging context. It is intended for all audiences and underlines research, social movements, political debates, and policymaking across the hemisphere. It highlights the region's aims and aspirations, but also the many obstacles that stand in the way of sustained progress. Latin America's story is one of great achievements and hard-won progress, combined with frequent setbacks and frustrations. This publication analyzes Latin America's present through six essays, written by some of the top regional experts on their fields: Rule of Law (Catalina Botero), Crime and Violence (Robert Muggah), Economic Management (Augusto de la Torre and Alan Ize), Social Development (George Gray Molina), Regional Integration (Ana Covarrubias) and Latin America and the World (Andrés Malamud). Former president of Costa Rica and current co-chair of the Dialogue, Laura Chinchilla, wrote the introductory chapter.