Chinese Aid to Latin America and the Caribbean: Evolution and Prospects

In the last decade, China has risen as a very visible player in Latin America and the Caribbean (LAC), through its foreign aid, its investments and its bilateral trade. While extensive research has been conducted on Chinese aid to Africa, this paper will focus instead on the Chinese aid to LAC. Afte...

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Main Author: Lorenzo Maggiorelli
Format: Article
Language:English
Published: Universidad de San Buenaventura 2017-12-01
Series:Revista Internacional de Cooperación y Desarrollo
Online Access:http://revistas.usbbog.edu.co/index.php/Cooperacion/article/view/3335
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spelling doaj-9a88fef1a4744e5ab0ad94bb94aff5b42020-11-25T03:40:48ZengUniversidad de San Buenaventura Revista Internacional de Cooperación y Desarrollo2382-50142017-12-0142285010.21500/23825014.33353335Chinese Aid to Latin America and the Caribbean: Evolution and ProspectsLorenzo Maggiorelli0Universidad de los AndesIn the last decade, China has risen as a very visible player in Latin America and the Caribbean (LAC), through its foreign aid, its investments and its bilateral trade. While extensive research has been conducted on Chinese aid to Africa, this paper will focus instead on the Chinese aid to LAC. After an overview of the historical evolution of Chinese aid to the region, and an attempt to quantify the amount of Chinese aid received by LAC as compared to other developing regions, this paper considers the three main motives which may drive China to provide aid, such as the needs of the recipient, the institutional characteristics of the beneficiary, and the political and economic interests of the donor country. The article concludes with an appraisal of the potential benefits and negative impacts of the Sino-LAC relationship, finding among potential concerns the unconditionality of Chinese foreign aid and its unbalanced trade relationship with the region.http://revistas.usbbog.edu.co/index.php/Cooperacion/article/view/3335
collection DOAJ
language English
format Article
sources DOAJ
author Lorenzo Maggiorelli
spellingShingle Lorenzo Maggiorelli
Chinese Aid to Latin America and the Caribbean: Evolution and Prospects
Revista Internacional de Cooperación y Desarrollo
author_facet Lorenzo Maggiorelli
author_sort Lorenzo Maggiorelli
title Chinese Aid to Latin America and the Caribbean: Evolution and Prospects
title_short Chinese Aid to Latin America and the Caribbean: Evolution and Prospects
title_full Chinese Aid to Latin America and the Caribbean: Evolution and Prospects
title_fullStr Chinese Aid to Latin America and the Caribbean: Evolution and Prospects
title_full_unstemmed Chinese Aid to Latin America and the Caribbean: Evolution and Prospects
title_sort chinese aid to latin america and the caribbean: evolution and prospects
publisher Universidad de San Buenaventura
series Revista Internacional de Cooperación y Desarrollo
issn 2382-5014
publishDate 2017-12-01
description In the last decade, China has risen as a very visible player in Latin America and the Caribbean (LAC), through its foreign aid, its investments and its bilateral trade. While extensive research has been conducted on Chinese aid to Africa, this paper will focus instead on the Chinese aid to LAC. After an overview of the historical evolution of Chinese aid to the region, and an attempt to quantify the amount of Chinese aid received by LAC as compared to other developing regions, this paper considers the three main motives which may drive China to provide aid, such as the needs of the recipient, the institutional characteristics of the beneficiary, and the political and economic interests of the donor country. The article concludes with an appraisal of the potential benefits and negative impacts of the Sino-LAC relationship, finding among potential concerns the unconditionality of Chinese foreign aid and its unbalanced trade relationship with the region.
url http://revistas.usbbog.edu.co/index.php/Cooperacion/article/view/3335
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