Fear of China : is there a future for manufacturing in Latin America ? (Occasional Paper ITD = Documento de Divulgación ITD ; n. 36)

Download or read book Fear of China : is there a future for manufacturing in Latin America ? (Occasional Paper ITD = Documento de Divulgación ITD ; n. 36) written by Mauricio Mesquita Moreira and published by BID-INTAL. This book was released on 2006 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's emergence has raised pointed questions about the future of manufacturing in Latin America. This paper looks at this challenge and its implications. It begins by asking: Does manufacturing still matter for Latin America? It argues that the region cannot afford to turn its back to a well-proven road to development. It then moves on to show that endowments, productivity, scale and the government's role, all work together to make China a formidable competitor. The importance of this challenge is confirmed by an analysis of the trade data, which suggests a small impact so far, but a disquieting trend.