DOCSLIB.ORG

China's Engagement with Latin America and the Caribbean

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
China's Engagement with Latin America and the Caribbean Updated July 1, 2021 China’s Engagement with Latin America and the Caribbean As the People’s Republic of China (PRC) has increased its dialogues, trade and investment, agriculture, energy, engagement with Latin America and the Caribbean (LAC) infrastructure, manufacturing, and technological innovation. over the past 20 years, U.S. policymakers have raised The paper states that China will “actively carry out military questions regarding potential implications for U.S. interests exchanges and cooperation” with countries in the region but in the region. China’s engagement with the region has also emphasizes that China “does not target or exclude any grown significantly since 2001, particularly in terms of third party.” diplomatic and economic ties. This growth reflects China’s global “soft power” efforts and “influence operations” Another apparent goal of Beijing in the region is to isolate worldwide. A succession of Chinese leaders and other Taiwan by attempting to lure away Latin American and officials have visited the region to court governments. In Caribbean countries that still maintain diplomatic relations turn, regional leaders and officials have frequently visited with Taiwan, also known as the “Republic of China.” China. The PRC has signed a variety of bilateral partnership Currently, 9 countries in the region (out of 15 countries agreements with countries throughout the region, including worldwide, including the Vatican) recognize Taiwan, and “comprehensive strategic partnerships” with Argentina, the remaining 24 countries in the region recognize the PRC. Brazil, Chile, Ecuador, Mexico, Peru, and Venezuela. In 2017 and 2018, Panama, the Dominican Republic, and El Salvador switched recognition to the PRC. Diplomacy Beijing’s diplomatic overtures in Latin America underpin Economic Relations China’s economic activities and help it to institutionalize its China’s economic goals in LAC include securing access to engagement in the region and garner support in raw materials (such as oil, ores, and minerals) and international fora. Some analysts argue that China’s agricultural goods (especially soybeans); establishing new activities in the region reflect a global strategy to reduce markets for Chinese goods, including high value-added U.S. dominance, although they do not aim to challenge the products; and partnering with Latin American firms to United States directly or militarily. China’s diplomatic access and develop technology. China also has sought to efforts include being an observer at the Organization of secure investment opportunities in Latin America for its American States, a member of the Inter-American infrastructure firms. Development Bank and the Caribbean Development Bank, and a participant in the Asia Pacific Economic Cooperation Just as Latin America’s economic linkages with China forum. Amid the Coronavirus Disease 2019 (COVID-19) helped the region withstand the 2008 global financial crisis, pandemic, China has sold vaccines and provided medical China’s post-COVID-19 economic rebound could play an assistance and loans to about a dozen countries throughout important role in Latin America’s post-pandemic recovery. the region. Total China-LAC trade increased from almost $18 billion in PRC President Xi Jinping participated in a January 2015 2002 to almost $316 billion in 2019. In 2020, despite the summit in Beijing with leaders and foreign ministers of the decline in world trade due to the pandemic, China’s total Community of Latin American and Caribbean States trade with the region dipped only slightly, to $315 billion. (CELAC), a region-wide organization that excludes the In 2020, China’s imports from LAC amounted to $165 United States and Canada. At the meeting, China and billion, consisting primarily of natural resources, including CELAC countries agreed to a five-year cooperation plan ores (35%), soybeans (17%), mineral fuels (12%), meat covering politics, security, trade, investment, finance, (7%), and copper (6%). China’s exports to the region in infrastructure, energy, resources, industry, agriculture, 2020 amounted to $150 billion, with major exports science, and people-to-people exchanges. At a second including electrical machinery and equipment (23%), China-CELAC ministerial held in January 2018, both sides machinery and mechanical appliances (16%), motor agreed to an updated cooperation plan extending through vehicles and parts (6%), and a wide array of industrial and 2021. China also invited Latin American and Caribbean consumer products. China has become the top trading countries to participate in its Belt and Road Initiative (BRI), partner of Brazil, Chile, Peru, and Uruguay and the second- which is focused on PRC-backed infrastructure largest trading partner for many other countries. China has development around the world. Currently at least 19 free trade agreements with Chile, Costa Rica, and Peru. countries in the region are participating in the BRI. According to the China Global Investment Tracker database In 2016, the PRC government released its second policy maintained by the American Enterprise Institute (at paper on LAC. The document states that China seeks to https://www.aei.org/china-global-investment-tracker/), strengthen cooperation on the basis of “equality and mutual which tracks large transactions of $100 million or more, benefit” in several key areas, including exchanges and China’s investments in LAC from 2005 to 2020 amounted https://crsreports.congress.gov China’s Engagement w ith Latin America and the Caribbean to $136 billion, with Brazil accounting for $61 billion and investment opportunities in the hemisphere, and continuing Peru $27 billion. Energy projects accounted for 57% of all to lead in international organizations and multilateral fora. investments, and metals/mining accounted for almost 27%. In addition, the database shows China’s construction The Biden Administration’s Interim National Security projects in LAC from 2005 to 2020 were valued at $62 Strategic Guidance, issued in March 2021, broadly billion, with energy projects accounting for 51% and describes China as a strategic competitor and asserts that transportation 28%. the Administration will work to reinvigorate and modernize U.S. alliances and partnerships around the world to hold Chinese banks (China Development Bank and China countries such as China to account. The guidance notes that Export-Import Bank) became large lenders in LAC more the United States will confront China when its behavior than a decade ago, although amounts have been declining in threatens U.S interests and values. recent years and there were no such development loans in 2020. Accumulated loans amounted to over $137 billion The U.S. Southern Command (SOUTHCOM) has from 2005 to 2020, with Venezuela, Brazil, Ecuador, and expressed strong concerns about China’s activities in LAC. Argentina the top recipients, according to the China-Latin Its 2021 posture statement states that China continues to America Finance Database hosted by the Inter-American increase its activities across all domains in the region: Dialogue (see Figure 1). A majority of the lending (68%) cyber, space, extractive and energy industries, has been for energy projects, and 18% has been for transportation hubs, roads, infrastructure, infrastructure projects. Such loans typically lack policy telecommunications, legal and illegal fishing, agriculture, conditions and have less stringent terms and less rigorous and military training. SOUTHCOM contends that China environmental guidelines compared with the loans of major donates security supplies and equipment to gain access and international financial institutions. win favor with regional security forces and uses medical diplomacy to its advantage as leverage. It also warns the Figure 1. China: Financing in LAC, 2005-2020 PRC is “seeking to establish global logistics and basing infrastructure in our hemisphere in order to project and sustain military power at greater distances.” In recent years, U.S. warnings about China have been met with some skepticism in LAC and among some regional experts. Some analysts contend that China’s primary interests and influence in the region remain largely economic and diplomatic and that the possibility of the PRC creating a military sphere of influence in Latin America remains small. Some argue that China’s appeal is limited due to deep political, social, and cultural differences and language barriers. Source: Created by CRS with data from Kevin P. Gallagher and Margaret Myers, “China-Latin America Finance Databases,” Inter- Some analysts have concerns about the potential harmful American Dialogue, 2021, at https://www.thedialogue.org/map_list/. effects of China’s economic engagement on the region’s U.S. Policy Concerns and Considerations development, including that many Chinese companies do Under the George W. Bush and Obama Administrations, not adhere to international environmental, labor, and safety U.S. officials, while recognizing concerns about China’s standards. They maintain that some countries have amassed influence, generally viewed China’s engagement in LAC unsustainable levels of debt owed to the PRC and have positively. The overarching goal of U.S. policy was for become dependent upon commodities exports to China. China to contribute economically to the region in a Some argue that PRC support extends a lifeline to leaders transparent fashion, following international rules and with poor governance records and exacerbates corruption. complying with local or international labor
Load more

Recommended publications
  • Latin America and Caribbean Region LIST of ACRONYMS
    Inclusive and Sustainable Industrial Development in Latin America and Caribbean Region LIST OF ACRONYMS ALBA Bolivarian Alliance for the Americas IPs Industrial Parks BIDC Barbados Investment and Development INTI National Institute of Industrial Corperation Technologies (Argentina) BRICS Brazil, Russian Federation, India, China ISID Inclusive and Sustainable Industrial and South Africa („emerging economies“) Development CAF Development Bank for Latin America ITPOs Investment and Technology Promotion CAIME High Level Centre for Research, Offices Training and Certification of Production LATU Technological Laboratory of Uruguay (Uruguayan Project) MERCOSUR Southern Common Market CAN Andean Community MoU Memorandum of Understanding CARICOM Caribbean Community ODS Ozone Depleting Substances CELAC Community of Latin American and OESC Organization of Eastern Caribbean States Caribbean States OFID OPEC Fund for International Development CFCs Chloro-Fluoro-Carbons PCBs Poly-Chlorinated Biphenyls CIU Uruguayan Chamber of Industries POPs Persistent Organic Pollutants CNI National Confederation of Brazil PPPs Public Private Partnerships COPEI Peruvian Committee on Small Industry RO Regional Office ECLAC Economic Commission for Latin America SDGs Sustainable Development Goals EU European Union SELA Latin American Economic System FAO Food and Agriculture Organization (UN SEZs Special Economic Zones System) SICA Central American Integration System GEF Global Environmental Facility SMEs Small and Medium-sized Enterprises GNIC Great Nicaraguan Interoceanic
    [Show full text]
  • North America Other Continents
    Arctic Ocean Europe North Asia America Atlantic Ocean Pacific Ocean Africa Pacific Ocean South Indian America Ocean Oceania Southern Ocean Antarctica LAND & WATER • The surface of the Earth is covered by approximately 71% water and 29% land. • It contains 7 continents and 5 oceans. Land Water EARTH’S HEMISPHERES • The planet Earth can be divided into four different sections or hemispheres. The Equator is an imaginary horizontal line (latitude) that divides the earth into the Northern and Southern hemispheres, while the Prime Meridian is the imaginary vertical line (longitude) that divides the earth into the Eastern and Western hemispheres. • North America, Earth’s 3rd largest continent, includes 23 countries. It contains Bermuda, Canada, Mexico, the United States of America, all Caribbean and Central America countries, as well as Greenland, which is the world’s largest island. North West East LOCATION South • The continent of North America is located in both the Northern and Western hemispheres. It is surrounded by the Arctic Ocean in the north, by the Atlantic Ocean in the east, and by the Pacific Ocean in the west. • It measures 24,256,000 sq. km and takes up a little more than 16% of the land on Earth. North America 16% Other Continents 84% • North America has an approximate population of almost 529 million people, which is about 8% of the World’s total population. 92% 8% North America Other Continents • The Atlantic Ocean is the second largest of Earth’s Oceans. It covers about 15% of the Earth’s total surface area and approximately 21% of its water surface area.
    [Show full text]
  • African Traditional Plant Knowledge in the Circum-Caribbean Region
    Journal of Ethnobiology 23(2): 167-185 Fall/Winter 2003 AFRICAN TRADITIONAL PLANT KNOWLEDGE IN THE CIRCUM-CARIBBEAN REGION JUDITH A. CARNEY Department of Geography, University of California, Los Angeles, Los Angeles, CA 90095 ABSTRACT.—The African diaspora to the Americas was one of plants as well as people. European slavers provisioned their human cargoes with African and other Old World useful plants, which enabled their enslaved work force and free ma- roons to establish them in their gardens. Africans were additionally familiar with many Asian plants from earlier crop exchanges with the Indian subcontinent. Their efforts established these plants in the contemporary Caribbean plant corpus. The recognition of pantropical genera of value for food, medicine, and in the practice of syncretic religions also appears to have played an important role in survival, as they share similar uses among black populations in the Caribbean as well as tropical Africa. This paper, which focuses on the plants of the Old World tropics that became established with slavery in the Caribbean, seeks to illuminate the botanical legacy of Africans in the circum-Caribbean region. Key words: African diaspora, Caribbean, ethnobotany, slaves, plant introductions. RESUME.—La diaspora africaine aux Ameriques ne s'est pas limitee aux person- nes, elle a egalement affecte les plantes. Les traiteurs d'esclaves ajoutaient a leur cargaison humaine des plantes exploitables dAfrique et du vieux monde pour les faire cultiver dans leurs jardins par les esclaves ou les marrons libres. En outre les Africains connaissaient beaucoup de plantes dAsie grace a de precedents echanges de cultures avec le sous-continent indien.
    [Show full text]
  • History of Indigenous Cultures in Peru LACB 3000 (3 Credits / 45 Hours)
    History of Indigenous Cultures in Peru LACB 3000 (3 Credits / 45 hours) SIT Study Abroad Program: Peru: Indigenous Peoples and Globalization PLEASE NOTE: This syllabus is representative of a typical semester. Because courses develop and change over time to take advantage of unique learning opportunities, actual course content varies from semester to semester. Course Description This thematic course aims to provide an overview of the historical processes and context that the indigenous people of Peru (Andean and Amazonian) have experienced. This will provide a fundamental base for understanding the contemporary situation of indigenous people in Peruvian society as well as the effects of the processes of urbanization and globalization. This seminar will be organized into three modules: 1. History of Indigenous peoples before Columbus 2. History of Indigenous peoples after Columbus 3. History and culture contemporary of Indigenous peoples Every lecturer has the freedom to propose his/her own class dynamic. Students are expected to be open and receptive to different teaching styles. Expected Outcomes By the end of the course, students should be able to do the following: • Discuss the historical underpinnings that influence the contemporary situations and conditions of the first nations of Peru. • Identify the indigenous diversity among the Peruvian population and their cultural legacies. • Relate the historical struggle of Andean and Amazonian people for land tenure and resource ownership. Language of Instruction This course is taught in Spanish with readings in English and Spanish. Assignments are completed in Spanish. Copyright © School for International Training. All Rights Reserved. 1 Course Schedule *Please be aware that topics and excursions may vary to take advantage of any emerging events, to accommodate changes in our lecturers’ availability, and to respect any changes that would affect student safety.
    [Show full text]
  • Simón Bolívar
    Reading Comprehension/Biography SIMÓN BOLÍVAR Simón José Antonio de la Santísima Trinidad Bolívar y Palacios, (July 24, 1783 – December 17, 1830), more commonly known as Símon Bolívar, was one of the most important leaders of Spanish America's successful struggle for independence from Spain. He is a very important figure in South American political history, and served as President of Gran Colombia from 1821 to 1830, President of Peru from 1824 to 1826, and President of Bolivia from 1825 to 1826. Bolívar was born into a wealthy family in Caracas, in what is now Venezuela. Much of his family’s wealth came from silver, gold and copper mines. Later in his revolutionary life, Bolívar used part of the mineral income to finance the South American revolutionary wars. After the death of his parents, he went to Spain in 1799 to complete his education. He married there in 1802, but his wife died of yellow fever on a short return visit to Venezuela in 1803. Bolívar returned to Europe in 1804 and for a time was part of Napoleon's retinue. Bolívar returned to Venezuela in 1807, and, when Napoleon made Joseph Bonaparte King of Spain and its colonies in 1808, he participated in the resistance juntas in South America. The Caracas junta declared its independence in 1810, and Bolívar was sent to Britain on a diplomatic mission. Bolívar returned to Venezuela in 1811. In March 1812, he left Venezuela after an earthquake destroyed Caracas. In July 1812, junta leader Francisco de Miranda surrendered to the Spanish, and Bolívar had to flee.
    [Show full text]
  • By Amalia Damgaard
    By Private Chef Amalia Damgaard CHILEAN PANORAMA Although it appears slim and small, Chile is a long and narrow country about the size of Texas, with a vast coast line covering about 3,998 miles. The Pacific Ocean borders to the west; Argentina is a neighbor to the east; Bolivia, to the northeast; and Peru, to the north. Because of its geographical location, Chile has an unusual and fun landscape, with deserts, beaches, fjords, glaciers and icebergs, fertile lands, the Andes mountains, over 600 volcanoes (some active), and sub-artic conditions in the South. Since Chile is below the equator, their seasons are different from ours in the United States. So, when we have winter they have summer, and so on. Even though Chile had years of political and economic turmoil, it has evolved into a market-oriented economy with strong foreign trade. Currently, it has the strongest economy in South America, with a relatively-low crime rate, and a high standard of living. Chile is a land rich in beauty, culture, and literature. It is called “the Switzerland of South America” because of its natural splendor. World renowned poets, Pablo Neruda and Gabriela Mistral, won Nobel Prizes. The majority of Chileans are descendants of Europeans, namely Spanish, French, and German, and others in smaller numbers. Allegedly, the original inhabitants of the region prior to Spanish conquest were not natives but merely nomads who lived in the area. Their descendants are today about 3% of the population. A mixture of the so-called natives and European settlers is called “mestizo.” Today’s mestizos are so well blended that they look mostly European.
    [Show full text]
  • American Declaration on the Rights of Indigenous Peoples
    Approved in Santo Domingo, Dominican Republic June 14, 2016 During the Forty-sixth Ordinary Period of Sessions of the OAS General Assembly AMERICAN DECLARATION ON THE RIGHTS OF INDIGENOUS PEOPLES Organization of American States General Secretariat Secretariat of Access to Rights and Equity Department of Social Inclusion 1889 F Street, NW | Washington, DC 20006 | USA 1 (202) 370 5000 www.oas.org ISBN 978-0-8270-6710-3 More rights for more people OAS Cataloging-in-Publication Data Organization of American States. General Assembly. Regular Session. (46th : 2016 : Santo Domingo, Dominican Republic) American Declaration on the Rights of Indigenous Peoples : AG/RES.2888 (XLVI-O/16) : (Adopted at the thirds plenary session, held on June 15, 2016). p. ; cm. (OAS. Official records ; OEA/Ser.P) ; (OAS. Official records ; OEA/ Ser.D) ISBN 978-0-8270-6710-3 1. American Declaration on the Rights of Indigenous Peoples (2016). 2. Indigenous peoples--Civil rights--America. 3. Indigenous peoples--Legal status, laws, etc.--America. I. Organization of American States. Secretariat for Access to Rights and Equity. Department of Social Inclusion. II. Title. III. Series. OEA/Ser.P AG/RES.2888 (XLVI-O/16) OEA/Ser.D/XXVI.19 AG/RES. 2888 (XLVI-O/16) AMERICAN DECLARATION ON THE RIGHTS OF INDIGENOUS PEOPLES (Adopted at the third plenary session, held on June 15, 2016) THE GENERAL ASSEMBLY, RECALLING the contents of resolution AG/RES. 2867 (XLIV-O/14), “Draft American Declaration on the Rights of Indigenous Peoples,” as well as all previous resolutions on this issue; RECALLING ALSO the declaration “Rights of the Indigenous Peoples of the Americas” [AG/DEC.
    [Show full text]
  • China's Global Media Footprint
    February 2021 SHARP POWER AND DEMOCRATIC RESILIENCE SERIES China’s Global Media Footprint Democratic Responses to Expanding Authoritarian Influence by Sarah Cook ABOUT THE SHARP POWER AND DEMOCRATIC RESILIENCE SERIES As globalization deepens integration between democracies and autocracies, the compromising effects of sharp power—which impairs free expression, neutralizes independent institutions, and distorts the political environment—have grown apparent across crucial sectors of open societies. The Sharp Power and Democratic Resilience series is an effort to systematically analyze the ways in which leading authoritarian regimes seek to manipulate the political landscape and censor independent expression within democratic settings, and to highlight potential civil society responses. This initiative examines emerging issues in four crucial arenas relating to the integrity and vibrancy of democratic systems: • Challenges to free expression and the integrity of the media and information space • Threats to intellectual inquiry • Contestation over the principles that govern technology • Leverage of state-driven capital for political and often corrosive purposes The present era of authoritarian resurgence is taking place during a protracted global democratic downturn that has degraded the confidence of democracies. The leading authoritarians are ABOUT THE AUTHOR challenging democracy at the level of ideas, principles, and Sarah Cook is research director for China, Hong Kong, and standards, but only one side seems to be seriously competing Taiwan at Freedom House. She directs the China Media in the contest. Bulletin, a monthly digest in English and Chinese providing news and analysis on media freedom developments related Global interdependence has presented complications distinct to China. Cook is the author of several Asian country from those of the Cold War era, which did not afford authoritarian reports for Freedom House’s annual publications, as regimes so many opportunities for action within democracies.
    [Show full text]
  • Colombian Refugees Cross the Border with Ecuador
    Colombian refugees cross theborderwithEcuador. 114 UNHCR Global Report 2008 OPERATIONAL HIGHLIGHTS • UNHCR increased its protection • Within the framework of UNHCR’s capacity in Colombia, enabling coverage Global Needs Assessment pilot of 41 of the 50 districts most affected initiative, nationwide consultations by displacement and benefitting more were carried out in Ecuador in order to than 570,000 internally displaced assess the main protection needs of persons (IDPs). refugees. • More than 678,000 hectares of land in • Chile accepted the resettlement of 117 Colombia were protected in 2008 Palestinian refugees in 2008. Uruguay through the Land Property Protection and Paraguay joined the Solidarity Project of the Government, which Resettlement Programme, and UNHCR supported with advice and government delegations from these sensitization campaigns. countries undertook a familiarization mission to Argentina and Chile. •InEcuador,theGovernment presented a new National Policy of • Governments in many Latin American Asylum. This policy envisages the countries have been supported to adoption of an accelerated refugee strengthen their legal frameworks and status determination (RSD) capacity to undertake refugee status procedure, known as ‘enhanced determination, as well as to increase registration,’ and the decentralization the ability to identify refugees within of the General Directorate for mixedflowsandprovideaccesstothe Refugees to this effect. asylum procedures. UNHCR / B. HEGER / ECU•2004 UNHCR Global Report 2008 115 Working environment Canada remained a major country of asylum and resettlement, and an important donor to Tensions between Colombia and Ecuador UNHCR’s programmes. However, difficulties persisted throughout 2008, in spite of efforts by have arisen from perceptions in the country the Organization of American States (OAS) to that its refugee system is being misused by mend the rift between the two countries.
    [Show full text]
  • Trade Agreement Between the European Union and Colombia and Peru
    Trade agreement between the European Union and Colombia and Peru European Implementation Assessment STUDY EPRS | European Parliamentary Research Service Editor: Anna Zygierewicz Ex-Post Evaluation Unit PE 621.834 – July 2018 EN Trade agreement between the European Union and Colombia and Peru European Implementation Assessment On 29 November 2017, the Committee on International Trade (INTA) of the European Parliament requested authorisation to undertake an own-initiative report on the implementation of the trade agreement (TA) between the EU and Colombia and Peru (2018/2010 (INI). Santiago Fisas Ayxelà (EPP, Spain) was appointed rapporteur. This European implementation assessment has been provided to accompany the work of the INTA committee in scrutinising the implementation of the agreement. This European implementation assessment (EIA) consists of two parts. The in-house opening analysis (Part I) outlines the process leading to the signature of the trade agreement between the EU and Colombia and Peru. It also presents the socio-economic situation in Colombia and Peru and relations between the EU and Colombia and Peru, as well as relations between the EU and the Andean Community. The research paper prepared by external experts (Part II) presents a detailed analysis of trade in goods and services and foreign direct investments. The paper also evaluates, in detail, the implementation of the trade and sustainable development chapter of the trade agreement in both Colombia and Peru. Finally, the paper provides recommendations for the improvement of the implementation of the trade agreement. EPRS | European Parliamentary Research Service AUTHORS Part I: The opening analysis has been prepared by Dr Anna Zygierewicz, Ex-Post Evaluation Unit, EPRS.
    [Show full text]
  • Prospects for Regional Cooperation Between Latin America and the Caribbean Region and the Asia and Pacific Region: Perspective from East Asia
    ADBI Working Paper Series Prospects for Regional Cooperation between Latin America and the Caribbean Region and the Asia and Pacific Region: Perspective from East Asia Erlinda M. Medalla and Jenny D. Balboa No. 217 May 2010 Asian Development Bank Institute Erlinda M. Medalla is a senior research fellow at the Philippine Institute for Development Studies in Makati, Philippines. Jenny D. Balboa is a research associate at the Philippine Institute for Development Studies. The authors acknowledge the excellent research assistance of Melalyn Mantaring, Susan Pizaro, and Mildred Belizario. The views expressed in this paper are the views of the authors and do not necessarily reflect the views or policies of ADBI, the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms. The Working Paper series is a continuation of the formerly named Discussion Paper series; the numbering of the papers continued without interruption or change. ADBI’s working papers reflect initial ideas on a topic and are posted online for discussion. ADBI encourages readers to post their comments on the main page for each working paper (given in the citation below). Some working papers may develop into other forms of publication. Suggested citation: Medalla, E. M., and J. D. Balboa. 2010. Prospects for Regional Cooperation between Latin America and the Caribbean Region and the Asia and Pacific Region: Perspective from East Asia. ADBI Working Paper 217.
    [Show full text]
  • Venezuela and Chile: Two Opposite Paths of Democratic Consolidation and Economic Development
    Florida International University FIU Digital Commons Western Hemisphere Security Analysis Center College of Arts, Sciences & Education 3-2011 Venezuela and Chile: Two Opposite Paths of Democratic Consolidation and Economic Development. Patricio Navia New York University Follow this and additional works at: https://digitalcommons.fiu.edu/whemsac Recommended Citation Navia, Patricio, "Venezuela and Chile: Two Opposite Paths of Democratic Consolidation and Economic Development." (2011). Western Hemisphere Security Analysis Center. 23. https://digitalcommons.fiu.edu/whemsac/23 This work is brought to you for free and open access by the College of Arts, Sciences & Education at FIU Digital Commons. It has been accepted for inclusion in Western Hemisphere Security Analysis Center by an authorized administrator of FIU Digital Commons. For more information, please contact [email protected]. Venezuela and Chile: Two Opposite Paths of Democratic Consolidation and Economic Development Patricio Navia New York University March 2011 Venezuela and Chile: Two Opposite Paths of Democratic Consolidation and Economic Development Patricio Navia New York University March 2011 The views expressed in this paper are those of the author and do not necessarily reflect those of the US Government, Department of Defense, US Southern Command or Florida International University. EXECUTIVE SUMMARY In the past 20 years, Chile and Venezuela have followed divergent paths of democratic and economic development. When the Cold War ended, Venezuela was one of the few Latin American countries where democracy had survived the authoritarian wave of the 1960s and 1970s. Heralded in the late 1980s as the most stable democracy and one of the most developed and globalized economies in the region, Venezuela has since experienced deterioration of democratic institutions, political polarization, economic stagnation, and instability.
    [Show full text]