Elite Dynamics and China's Influence in Latin America

IF 3 2区 社会学 Q1 DEVELOPMENT STUDIES
Benedicte Bull, Antulio Rosales
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Abstract

The rise of China as a trading partner, lender and investor is among the most significant developments in the global political economy over the last two decades. This shift has created important new opportunities for developing countries, but it has also introduced new challenges, with benefits and drawbacks unevenly distributed across different nations. This article argues that understanding the developmental consequences of China's involvement requires studying not only Chinese priorities and modalities but also the interests and strategies of local elites. The development of Latin America has been profoundly influenced by these elite interests, which are shaped by the region's integration into the global economy. Elites may leverage the benefits of the relationship to China to enhance their rent-seeking capabilities and limit competition, thereby hindering development and perpetuating inequality in Latin America. This argument is examined through the contrasting cases of Chile and Venezuela; while Chile's approach to China has been dominated by private sector elites, Venezuela's approach has been driven by governmental elites. In both cases, integration with China is shaped by and has in turn strengthened interests and strategies of the elites.

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来源期刊
Development and Change
Development and Change DEVELOPMENT STUDIES-
CiteScore
6.80
自引率
3.30%
发文量
46
期刊介绍: Development and Change is essential reading for anyone interested in development studies and social change. It publishes articles from a wide range of authors, both well-established specialists and young scholars, and is an important resource for: - social science faculties and research institutions - international development agencies and NGOs - graduate teachers and researchers - all those with a serious interest in the dynamics of development, from reflective activists to analytical practitioners
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