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Article
Publication date: 28 April 2020

Nicole Jenne

Relations between the People's Republic of China and Latin America have gradually expanded from commerce and finance to cover different aspects of security. The purpose of this…

Abstract

Purpose

Relations between the People's Republic of China and Latin America have gradually expanded from commerce and finance to cover different aspects of security. The purpose of this article is to provide an overview over security cooperation between China and South America. Specifically, it analyses the motivations for security cooperation on both sides and its value added for Sino–South American relations.

Design/methodology/approach

The article describes four dimensions of security cooperation between China and South America: functional cooperation, defence diplomacy, long-term cooperation initiatives and arms sales. For each dimension of security cooperation, the main motivations on the two sides are discussed, together with the value added of security cooperation to the “comprehensive and cooperative partnership” China's policy papers on Latin America and the Caribbean have called for.

Findings

Security and defence considerations have not caused the development of Sino–South American security cooperation. Instead, it were the rapidly growing economic links from the 2000s on that facilitated China's broader political engagement with South America, including in the field of security. There are a number of important motivations that indicate security cooperation between China and South American states will further expand in the future.

Practical implications

Security cooperation should not only be practiced as an end in itself but also serve tangible outcomes to reduce insecurity.

Originality/value

In the context of Sino–Latin American relations, security cooperation has received relatively little attention beyond a comparatively small group of pundits despite the fact that military diplomacy has become increasingly important in bolstering China's growing international profile. This article makes an original contribution in discussing four dimensions of security cooperation between China and South America.

Details

Asian Education and Development Studies, vol. 10 no. 3
Type: Research Article
ISSN: 2046-3162

Keywords

Book part
Publication date: 18 August 2006

Diego Agudelo, Galia Julieta Benítez and Lawrence S. Davidson

This study presents evidence of increasing regionalization of international trade among 10 South American countries from 1980 to 2001. Regionalization of trade in South America is…

Abstract

This study presents evidence of increasing regionalization of international trade among 10 South American countries from 1980 to 2001. Regionalization of trade in South America is best described as an increasing trade among Spanish-speaking countries and increasing trade within the two regional agreements, the Andean Community and Mercosur. There is also evidence of border erosion in the continent, especially among the Mercosur members. These results emerge from a simple statistical analysis and are also economically significant when tested in a consistent gravity equation that controls for a set of macroeconomic and geographic variables.

Details

Regional Economic Integration
Type: Book
ISBN: 978-0-76231-296-2

Content available
Book part
Publication date: 12 July 2017

Mike Rosenberg

Abstract

Details

Strategy and Geopolitics
Type: Book
ISBN: 978-1-78714-568-9

Article
Publication date: 3 June 2019

Victor Owusu-Nantwi

The purpose of this paper is to investigate the effect of institutional quality on foreign direct investment (FDI) flows in South America.

Abstract

Purpose

The purpose of this paper is to investigate the effect of institutional quality on foreign direct investment (FDI) flows in South America.

Design/methodology/approach

The study uses two-stage least squares (2SLS) and fixed effect ordinary least squares regression analyses to examine the relationship between institutional quality and FDI in South America.

Findings

The study finds a significant positive relationship between institutional quality index and FDI. This implies that improvements in the institutional quality relate to increases in the flow of FDI to South America. Domestic capital, GDP per capita growth, and trade positively relate to FDI. However, the coefficient of trade is not significant. This implies that increases in these variables relate to increases in FDI flows to South America.

Practical implications

The study recommends that quality of institutions matter to the flow of FDI and therefore, efficient institutional reforms should be a priority for policymakers as this creates a conducive investment environment to attract FDI in South America. Further, policies that are focused on promoting competition, open market, and effective non-corrupt public institution as well as open and transparent legal and regulatory regimes, and effective delivery of government services should be the priority of policymakers in South America (Mishra and Daly, 2007).

Originality/value

The study uses a single measure of institutional quality based on a broad set of institutional indicators. This broad measure of institutional quality differs from the available studies that mainly focused on single aspects of institutional quality, that is, either corruption, governance, or political risk.

Details

Journal of Economic and Administrative Sciences, vol. 35 no. 2
Type: Research Article
ISSN: 1026-4116

Keywords

Article
Publication date: 29 February 2024

Francisca Da Gama and Kim Bui

The purpose of this paper is to propose a framework for evaluating the relationship between China and Peru, drawing on dependency theory, against the backdrop of China’s explicit…

Abstract

Purpose

The purpose of this paper is to propose a framework for evaluating the relationship between China and Peru, drawing on dependency theory, against the backdrop of China’s explicit policies towards foreign direct investment. It seeks to transcend traditional interpretations of this relationship in the literature that focuses on China as either hegemon or a SouthSouth partner to Latin American countries to highlight a more nuanced relationship.

Design/methodology/approach

The paper adopts a case study approach, focusing on China in Peru. The authors examine three areas of traditional, strategic and emerging industries drawing from Chinese national policies, reviewing these against characteristics of dependency: control of production, heterogeneity of actors, transfer of knowledge and delinking.

Findings

The authors find that Chinese foreign direct investment (FDI) in Peru demonstrates mixed motives and collectively operates as an ambiguous player. Chinese firms appear to be willing to work with various actors, but this engagement does not translate into a decolonial development alternative in the absence of a Peruvian political will to delink and Chinese willingness to actively transfer control of production and knowledge.

Originality/value

This paper contributes to existing literature on China in Latin America by evaluating Chinese outward FDI in Peru against China’s strategic aims in terms of a re-evaluation of dependency theory.

Details

Critical Perspectives on International Business, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1742-2043

Keywords

Case study
Publication date: 20 April 2021

Jeffrey W. Overby

One of the major issues present in this case is whether there is significant industry pressure to internationalize. Yip’s (1989) global strategy drivers are a helpful approach for…

Abstract

Theoretical basis

One of the major issues present in this case is whether there is significant industry pressure to internationalize. Yip’s (1989) global strategy drivers are a helpful approach for examining this issue. This case also applies two important marketing concepts – the product life cycle and diffusion of innovation theory – and how differences across international markets impact these concepts. Finally, there are significant cultural issues at play in this case as well. Theoretical models of national culture, such as Hofstede, Hall and others, can be used to examine cultural influences on an industry that is not often associated with culture.

Research methodology

The case is based upon a combination of secondary research and primary research. The lead researcher and a team of graduate students conducted interviews with Louisiana-Pacific Corporation (LP) executives in the USA and Chile in 2017.

Case overview/synopsis

This three-part case examines the internationalization of LP into South America. Case A begins in 1999 as LP attempts to decide whether to take its oriented strand board product international. The reader is asked to consider where LP should go in South America. Case B examines the factors LP used to decide to enter Chile and then outlines the key decisions that led to its impressive growth between 2000 and 2015. Case C begins in 2015 as LP now considers whether to expand its markets into Argentina or Colombia.

Complexity academic level

Given the complexity of issues raised in the case and the need to narrow these issues down to an implementable decision, this case is most appropriate later in the schedule of a graduate or executive-level business course in international business or international marketing.

Article
Publication date: 7 April 2020

Andres Borquez and Carlos Bravo

The purpose of this article is to discuss the characteristics of China’s strategic partners in Latin America, emphasizing the foreign policy orientations of these nations towards…

Abstract

Purpose

The purpose of this article is to discuss the characteristics of China’s strategic partners in Latin America, emphasizing the foreign policy orientations of these nations towards China.

Design/methodology/approach

The first part is a theoretical analysis of the foreign economic policy orientations of the Chinese strategic partners in South America. In the second part, attention is paid to the empirical regularities of economic cooperation between China and its South American strategic partners.

Findings

China seeks to diversify the profile of its strategic partnerships, as long as they increase Chinas complexity in the orientation of cooperation, using a multidimensional approach, based on three strategic cooperation networks (partners based on ideological affinities, geo-economic partners and trade partners).

Originality/value

This article increases the understanding of how new strategic partnerships take a more active position in the new great geo-economic game in which China is involved. China increases its facilitation role in Latin American Pacific rim countries, as well as its influence in countries historically close to the USA.

Details

Asian Education and Development Studies, vol. 10 no. 3
Type: Research Article
ISSN: 2046-3162

Keywords

Book part
Publication date: 2 December 2013

Milan Zafirovski

To reexamine the Weber Thesis pertaining to the relationship between ascetic Protestantism – especially Calvinism – and modern capitalism, as between an economic “spirit” and an…

Abstract

Purpose

To reexamine the Weber Thesis pertaining to the relationship between ascetic Protestantism – especially Calvinism – and modern capitalism, as between an economic “spirit” and an economic “structure,” in which the first is assumed to be the explanatory factor and the second the dependent variable.

Design/methodology/approach

The chapter provides an attempt to combine theoretical-empirical and comparative-historical approaches to integrate theory with evidence supplied by societal comparisons and historically specific cases.

Findings

The chapter identifies the general sociological core of the Weber Thesis as a classic endeavor in economic sociology (and thus substantive sociological theory) and separates it from its particular historical dimension in the form of an empirical generalization from history. I argue that such a distinction helps to better understand the puzzling double “fate” of the Weber Thesis in social science, its status of a model in economic sociology and substantive sociological theory, on the one hand, and its frequent rejection in history and historical economics, on the other. The sociological core of the Thesis, postulating that religion, ideology, and culture generally deeply impact economy, has proved to be more valid, enduring, and even paradigmatic, as in economic sociology, than its historical component establishing a special causal linkage between Calvinism and other types of ascetic Protestantism and the “spirit” and “structure” of modern capitalism in Western society at a specific point in history.

Research limitations/implications

In addition to the two cases deviating from the Weber Thesis considered here, it is necessary to investigate and identify the validity of the Thesis with regard to concrete historical and empirical instances.

Originality/value

The chapter provides the first effort to systematically analyze and distinguish between the sociological core and the historical components of the Weber Thesis as distinct yet intertwined components.

Details

Social Theories of History and Histories of Social Theory
Type: Book
ISBN: 978-1-78350-219-6

Keywords

Open Access
Article
Publication date: 30 January 2004

Peter J. Rimmer

Toyota's internationally coordinated production system in Asia and its selection of supply bases in South America and South Africa highlights the significance of recognizing…

Abstract

Toyota's internationally coordinated production system in Asia and its selection of supply bases in South America and South Africa highlights the significance of recognizing global network firms and the global hub-and-spoke logistics system that has been developed to meet their needs. This system underpins the expansion of container shipping, air freight and telecommunications. Recognition of Main Street, linking Europe, Asia and North America with cui-desacs in Africa, Australasia and Central and South America, provides a framework for examining the relative importance of the system's hubs and terminals across different modes and regions. This analysis provides the basis for identifying and ranking key regional logistics platforms in Northeast Asia and their attraction as headquarter sites for global network firms. Examining the logistical situation pertaining after the end of the Cold War in the early 1990s and a decade later is used to gauge progress towards regional economic integration in Northeast Asia.

Abstract

Details

Modelling the Riskiness in Country Risk Ratings
Type: Book
ISBN: 978-0-44451-837-8

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