Elite Dynamics and China's Influence in Latin America

Datos Bibliográficos

ID4765462
AutoresBenedicte Bull (0000-0002-5950-9309), Andrea Rosales (0000-0001-6797-6241), Antulio Rosales
Año2024
Volumen55
Número6
Páginas1206-1229
Fecha de publicación2024-11-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaDevelopment and Change (JOURNAL)
Identificadores de la revistaISSN: 0012-155X • E-ISSN: 1467-7660
EditorialWiley (PUBLISHER • GB)
DOI10.1111/dech.12861
OpenAlexW4403398730
IdiomaEN
Citas recibidas3
Referencias citadas44

The rise of China as a trading partner, lender and investor is among the most significant developments in the global political economy over the last two decades. This shift has created important new opportunities for developing countries, but it has also introduced new challenges, with benefits and drawbacks unevenly distributed across different nations. This article argues that understanding the developmental consequences of China's involvement requires studying not only Chinese priorities and modalities but also the interests and strategies of local elites. The development of Latin America has been profoundly influenced by these elite interests, which are shaped by the region's integration into the global economy. Elites may leverage the benefits of the relationship to China to enhance their rent-seeking capabilities and limit competition, thereby hindering development and perpetuating inequality in Latin America. This argument is examined through the contrasting cases of Chile and Venezuela; while Chile's approach to China has been dominated by private sector elites, Venezuela's approach has been driven by governmental elites. In both cases, integration with China is shaped by and has in turn strengthened interests and strategies of the elites

China · Development economics · Dynamics (music) · Economics · Elite · Latin Americans · Political science · Politics · Sociology · Corruption and Economic Development · International Development and Aid · Law · Political Conflict and Governance