China and deindustrialization in developing countries (the case of Latin America) Cover Image

Chiny a deindustrializacja krajów rozwijających się (na przykładzie Ameryki Łacińskiej)
China and deindustrialization in developing countries (the case of Latin America)

Author(s): Jarosław Narękiewicz, Jerzy Dudziński
Subject(s): Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: Latin American economies; international trade; primarization of exports; deindustrialization

Summary/Abstract: In the paper China's impact on the transformations in foreign trade and its contribution to structural changes in selected developing economies are evaluated in relation to the changes in both international trade and the global economy. The analysis focuses on Latin America as a region which deserves particular attention in this context. The study reveals that deindustrialization of developing countries by China is particularly strong in Latin America. It is reflected not only in the primarization of the region's exports but also in structural changes in its imports. Deindustrialization can be observed also for the entire economy, which is reflected in the shrinking share of the manufacturing industry in GDP. It should be emphasised, however, that although the sub-regions and countries where deindustrialization is more intense can boast, in general, better economic performance, concerns are raised that in the long term the process may lead to unfavourable transformations in the economy

  • Issue Year: 2014
  • Issue No: 37/1
  • Page Range: 137-151
  • Page Count: 15
  • Language: Polish