Gallagher in Diálogo Chino: Latin America’s Commodity Gamble
Kevin Gallagher, Professor of Global Development Policy at the Frederick S. Pardee School of Global Studies at Boston University, discussed his new book, The China Triangle: Latin America’s China Boom and the Fate of the Washington Consensus, and why China is not to blame for Latin America’s environmental problems in a recent interview.
Gallagher made the argument in an April 5, 2016 interview with Diálogo Chino entitled “Latin America Won the China Lottery, but is Paying for its Commodity Gamble.”
From the text of the article:
From 2003 to 2013 Latin America experienced a commodity boom. While a lot of people were probably reading about the incredible growth miracle that happened during the same period in China, when it entered into the World Trade Organization and got integrated with the world economy, this also created a miracle in places like Africa and Latin America. The copper wire going into the electronics exports came from Chile and Peru, the iron and steel for the skyscrapers in the cities came from Brazil and Peru, the soybeans for Chinese whose incomes were increasing and who live on a soy-based diet came from Paraguay, Argentina and Brazil. As this demand for China’s great industrialisation made the countries rich, Latin America won the China lottery.
You can purchase a copy of The China Triangle here.
Kevin Gallagher is the co-chair of the Task Force on Regulating Capital Flows and has served as an advisor to the Department of State and the Environmental Protection Agency in the United States, as well as to the United Nations Conference on Trade and Development. Gallagher has been a visiting or adjunct professor at the School for Advanced International Studies at Johns Hopkins University, the Fletcher School of Law and Diplomacy; El Colegio de Mexico in Mexico; Tsinghua University in China, and the Center for State and Society in Argentina.