The world turned upside down : the complex partnership between China and Latin America /
By: Toro Hardy, Alfredo
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Item type | Home library | Call number | Status | Date due | Barcode | Item holds |
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REGULAR | University of Wollongong in Dubai Main Collection | 337.5108 TO WO (Browse shelf) | Available | T0049435 |
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337.51 GU CH China and globalization : | 337.51 RO BE Belt and Road Initiative : | 337.510174927 SI NE The new silk road : | 337.5108 TO WO The world turned upside down : | 337.52 MO NE The new, emerging Japanese economy : | 337.53054 IN DI India's growing role in the Gulf : | 337.536 UL GU The Gulf States in international political economy |
Includes bibliographical references and index.
Foreword by Geoffrey Hawthorn; Foreword by Xulio Ríos; Foreword by L. Enrique García; Acknowledgements; Introduction; Endnotes; Chapter 1 Emerging China; Shareholder capitalism versus stakeholder capitalism; The Washington Consensus; The GATT Uruguay Round; The pendulum starts swinging back; The Asian crisis; The Beijing Consensus; The Singapore model; China and the developing world; The Lewis turning point; China's ruder; Chapter 2 A Declining West; Mighty Chiindia; The Indian model; A multicultural globalisation; The Global South and shareholder capitalism. The West: An embattled fortressThe United States lagging behind; Obama's response to a rising China; 2008: The American decline; The Euro zone's nightmare; Timing incompatibility and incompatible objectives; Japan's three "D"s; The West's lonely band; Decoupling; Chapter 3 A Dragon in Latin Lands; The dragon that appeared from nowhere; What is Latin America?; Latin America plus the Caribbean; The import-substituting industrialisation process; Flaws, results and implosion; Opening of the gates; China's redeeming virtue; Mexican-type economies; Brazilian-type economies. China's investments and loansThe in between economies; Commodities: Curse or development opportunity?; Chapter 4 Is There a Future for Latin America?; Between China's torch and technology's Damocles sword; Where does Latin America go from here?; Commodities exporters' first steps; The Belindia syndrome; Services: The new exports frontier; Global chains of value; Infrastructural development; Sovereign wealth funds; White paper and negotiations; Conclusion; Bibliography; About the Author; Index.
Acting as a Sorcerer's Apprentice, the West incorporated 1.3 billion Chinese and 1.2 billion Indians into the world's labour equation within a context of lower production costs. This resulted in erosion of its competitive capacity and social stability, while greatly benefiting developing economies, many of which were able to emerge with unprecedented speed. With China as the main engine, the developing economies have become increasingly integrated, sustaining in the process a fundamental part of the global trade growth. While this phenomenon took shape, excesses within Western economies genera.