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DragonomicsHow Latin America Is Maximizing (or Missing Out on) China's International Development Strategy$
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Carol Wise

Print publication date: 2020

Print ISBN-13: 9780300224092

Published to Yale Scholarship Online: September 2020

DOI: 10.12987/yale/9780300224092.001.0001

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PRINTED FROM YALE SCHOLARSHIP ONLINE (www.yale.universitypressscholarship.com). (c) Copyright Yale University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in YSO for personal use.date: 28 November 2021

An Institutional Resource Curse in Argentina and Brazil

An Institutional Resource Curse in Argentina and Brazil

Chapter:
(p.153) 5 An Institutional Resource Curse in Argentina and Brazil
Source:
Dragonomics
Author(s):

Carol Wise

Publisher:
Yale University Press
DOI:10.12987/yale/9780300224092.003.0006

This chapter details the incorporation of Argentina and Brazil into China’s internationalized development strategy as its demand for natural resources skyrocketed. In doing so, it considers the effects of institutional weakness and natural resource abundance on economic performance and the ways effective institutions deteriorate during a commodity boom. It proceeds in three sections: the first analyzing the rise of China in Argentina and Brazil post-2000, the second reviewing the developmentalist model both countries implemented during that time, and the third analyzing the resulting institutional erosion.

Keywords:   Strategic Partner (SP), China Boom, Foreign Direct Investment (FDI), BNDES, Resource Curse, Developmentalism, Corruption, Institutions, Kirchnerismo, Luiz Inacio Lula da Silva (Lula)

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