EconPapers    
Economics at your fingertips  
 

China and Central America

Henrique Estides Delgado () and Aaron Schneider ()
Additional contact information
Henrique Estides Delgado: University of Denver
Aaron Schneider: University of Denver

Chapter Chapter 9 in China, Latin America, and the Global Economy, 2023, pp 189-218 from Springer

Abstract: Abstract The argument in this chapter is that the shared economic and strategic interests of China and Central American countries lie in a medium-term approach focused on structural change. Central America needs to upgrade the value of its exports, increase domestic consumption, especially for the most vulnerable, and advance regional integration. China could help by absorbing more Central American exports and helping to balance trade; invest in infrastructure, firms, and activities to encourage higher value-added exports; encourage the structural changes that raise domestic consumption, especially by the poorest; and invest in infrastructure that contributes to greater regional integration. One way of viewing the relationship is in terms of the flying geese model that has served East Asia so well, with Central America integrating into value chains led by China with the nearby US market as target. Important benefits for the region could include a transformation of the countryside to raise productivity and incomes, and steady upgrading toward a higher-tech economic profile. The resulting peaceful, developed, and mutually beneficial partnership with China could be of shared strategic interest to both China and the US.

Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-18026-2_9

Ordering information: This item can be ordered from
http://www.springer.com/9783031180262

DOI: 10.1007/978-3-031-18026-2_9

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-23
Handle: RePEc:spr:sprchp:978-3-031-18026-2_9