Latin America and the Caribbean
Since the turn of the century China has become the first or second largest trading partner for many countries in Latin America, and the largest source of development finance. This significant increase in trade and investment helped the region achieve economic growth rates that had not been seen since the 1970s and helped roll back some of the increases in poverty and inequality that had risen during the tumultuous 1980s and 1990s. These growth benefits are have been important, but Chinese demand for Latin American economic activity has largely been concentrated in extractive industries that exacerbate the resource curse that can trigger macro-economic instability, accelerate de-industrialization, and accentuate social and environmental conflict. The GDP Center’s work on China and Latin America examines the economic, social, and environmental impacts of Chinese trade and investment in the region and proposes policy solutions that can help Latin American steer Chinese trade and investment toward structural change in a manner that is lower carbon and socially inclusive.
Working Group on Development Banks in the Andean Amazon
“Standardizing Sustainable Development? Development Banks in the Andean Amazon” is an interdisciplinary, multi-year, collaborative study carried out by economists, political scientists, ecologists, geographers, and engineers from Boston University’s Global Development Policy Center, the Universidad del Pacífico in Lima, Peru; the Facultad Latinoamericana de Ciencias Sociales in Quito, Ecuador; and the Instituto de Estudios Avanzados en Desarrollo in La Paz, Bolivia. Through cross-cutting statistical analyses and four country studies (in Ecuador, Peru, Bolivia, and Brazil), the team collectively examined the extent to which international development finance institutions (DFIs: multilateral development banks as well as export credit agencies and national development banks operating abroad), host country governments, and civil society deployed ESRM frameworks to ensure that infrastructure projects bring shared economic benefits to nations while mitigating risks to ecosystems and communities. This work has been supported by the John D. and Catherine T. MacArthur Foundation, the Charles Stewart Mott Foundation, and the Rockefeller Brother’s Fund.
Working Group on Development and Environment in the Americas
The Working Group on Development and Environment in the Americas is a multi-university effort coordinated by the Center for Transformation Research (CENIT) in Argentina, the Research Center of the University of the Pacific (CIUP) in Peru, the Global Economic Governance Initiative (GEGI), and Tufts University’s Global Development and Environment Institute (GDAE). This project is comprised of eight country studies, including Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, and Peru. This work has been supported by the John D. and Catherine T. MacArthur Foundation, and the Charles Stewart Mott Foundation.
China-Latin America Economic Bulletins
Each year, the GCI team brings together the most important annual trends for the burgeoning relationship between China and Latin America in terms of trade, finance, and investment to publish our annual China-Latin America Economic Bulletin.
China-Latin America Finance Database
Now updated with 2018 data, the China-Latin America Finance Database is the result of collaboration between the Inter-American Dialogue and the Global Economic Governance Initiative at Boston University’s Global Development Policy Center. Suggested citation: Gallagher, Kevin P. and Margaret Myers (2018) “China-Latin America Finance Database,” Washington: Inter-American Dialogue.
Latest News and Publications
Chart of the Week: Asian Infrastructure Investment Bank and Belt and Road Initiative Membership in Latin AmericaJune 09, 2021
By Bridgette Lang Though 2020 was a year of economic contraction around the world, it was also a year of continued growth and enlargement for the Belt and Road Initiative (BRI) and the Asian Infrastructure Investment Bank (AIIB) in Latin America. [ More ]
Testimony Before the US-China Economic and Security Review Commission: China in Latin America and the CaribbeanMay 20, 2021
Editor's Note: The following is a testimony delivered by Dr. Rebecca Ray to the US-China Economic and Security Review Commission hearing on China in Latin American and the Caribbean on May 20, 2021. To Chairs Bartholomew and Scissors, to the Commission, [ More ]
February 24, 2021
On Weds., Feb. 24, the Global Development Policy (GDP) Center and the Inter-American Dialogue (IAD) hosted a webinar discussion to highlight new research on Chinese overseas development lending to both global energy projects and Latin America and the Caribbean (LAC). [ More ]
February 22, 2021
By Rebecca Ray, Zara C. Albright, and Kehan Wang 2020 was a possible inflection point in the economic relationship between Latin America and the Caribbean (LAC) and China. According to joint research from Boston University’s Global Development Policy Center and the... [ More ]
February 22, 2021
Latin America and the Caribbean (LAC) was hit hard in 2020 by the COVID-19 pandemic and the resulting economic downturn. With one of the highest mortality rates in the world, the region also saw the worst economic slowdown of any... [ More ]