Multinational corporations in Latin America: The search for consumers and raw materials

1977 ◽  
Vol 12 (3) ◽  
pp. 65-85 ◽  
Author(s):  
Scott G. McNall ◽  
Sally O. Margolin
Keyword(s):  
Latin America ◽  
Multinational Corporations ◽  
Raw Materials

Chinese Breakthrough into Latin America

2012 ◽  
pp. 84-91
Author(s):  
E. Dabagyan
Keyword(s):  
Latin America ◽  
Latin American ◽  
Raw Materials ◽  
The United States ◽  
Chinese Economy ◽  
Agricultural Products ◽  
Economic Factors ◽  
American Continent ◽  
External Relations ◽  
Multilateral Agreements

The article deals with a number of problems associated with the growing presence of China in the Latin American continent. The author emphasizes that mutual interest is based on economic factors. In particular, the rapidly developing Chinese economy needs more raw materials and agricultural products, which are available in abundance in Latin America. At the same time, the countries of the continent are interested in freeing from orientation solely to the United States and in a diversification of external relations. The present bilateral and multilateral agreements and treaties between China and Latin America showed a strengthening of trade and economic cooperation. But Beijing's strategy is based on a model of exchange of raw materials to finished products. This causes some resentment on the part of Latin American experts and entrepreneurs.

Labor Acquisition and Social Conflict on the Colombian Frontier, 1850–1936

1984 ◽  
Vol 16 (1) ◽  
pp. 27-49 ◽  
Author(s):  
Catherine LeGrand
Keyword(s):  
Nineteenth Century ◽  
Latin America ◽  
Agricultural Production ◽  
World Economy ◽  
Raw Materials ◽  
Mineral Resources ◽  
Significant Shift ◽  
Foreign Markets ◽  
Latin Americans ◽  
The World

Exporters of raw materials under Iberian rule, the nations of Latin America continued to perform a similar role in the world economy after Independence. In the nineteenth century, however, a significant shift occurred in the kind of materials exported. Whereas in colonial times the great wealth of Latin America lay in her mineral resources, particularly silver and gold, aster 1850 agricultural production for foreign markets took on larger importance. The export of foodstuffs was not a new phenomenon, but in the nineteenth century the growth in consumer demand in the industrializing nations and the developing revolution in. transport much enhanced the incentives for Latin Americans who would produce coffee, wheat, cattle, or bananas for overseas markets.

scholarly journals Chinese Investments in Brazil: Economic Diplomacy in Bilateral Relations

2021 ◽  
Vol 43 (3) ◽  
pp. 541-564
Author(s):  
Virginia Soledad Busilli ◽  
María Belén Jaime
Keyword(s):  
Latin America ◽  
Development Strategy ◽  
Raw Materials ◽  
Republic Of China ◽  
Trade Relations ◽  
Economic Diplomacy ◽  
Economic Development Strategy ◽  
Bilateral Relations ◽  
Chinese Foreign Direct Investment ◽  
Do So

Abstract The People’s Republic of China has consolidated its status as a great power and strengthened its presence in different regions of the planet. In accordance with its economic development strategy, Beijing’s growing bond with Latin America is part of China’s need to guarantee access to raw materials and energy resources. In this framework and through economic diplomacy, China has strengthened its trade relations, as well as loans and investments in most of the region’s countries.Brazil is an example of this relationship pattern, as one of China’s most important partners and top investment destination in Latin America. It became Beijing’s top commercial partner in 2012. This paper will analyse the composition and evolution of Chinese foreign direct investment (FDI) in Brazil between the years of 2004 and 2020. In order to do so, we will study the main projects carried out by the country, as well as the characteristics of the Chinese companies (state or non-state) that participated in the process, in order to understand their most important features. Likewise, we will analyse the articulation of the Chinese FDI with its trade flows. We will start from the premise that Chinese investments in Brazil are directly linked to Beijing’s strategic interests, while at the same time guided by market logics that try to maximise profits. In this vein, within the framework of the ‘going out strategy’,state companies play a fundamental role.

The UN Economic Commission for Latin America (CEPAL) and the Development Project

2021 ◽  
Author(s):  
Margarita Fajardo
Keyword(s):  
Economic Development ◽  
Latin America ◽  
World War Ii ◽  
International Development ◽  
Global Economy ◽  
Raw Materials ◽  
New Left ◽  
Development Project ◽  
United Nations Economic Commission ◽  
Economic Commission

The United Nations Economic Commission for Latin America (ECLA in English and CEPAL in Spanish and Portuguese) was more than an economic development institution. Established in 1948, at the height of post-World War II internationalism, CEPAL was one of the first three regional commissions alongside those of Europe and Asia charged with addressing problems of postwar economic reconstruction. But, in the hands of a group of mostly Argentinean, Brazilian, and Chilean economists, CEPAL swiftly became the institutional fulcrum of a regional intellectual project that put Latin America at the center of discussions about international development and global capitalism. That Latin America’s place in the periphery of the global economy as a producer of primary products and raw materials in exchange for manufactured goods from the world’s industrial centers, combined with the long-term decline in the international terms of that trade, constituted an obstacle for economic development, was the foundational tenet of that project. Through regional economic surveys and in-depth country studies, international forums and training courses, international cooperation initiatives, and national structural reforms, cepalinos located themselves at the nexus of a transnational network of diplomats and policymakers, economists and sociologists, and made the notion of center–periphery and the intellectual repertoire it inspired the central economic paradigm of the region in the postwar era. Eclipsed in the 1970s by critiques from the New Left and dependency theorists, on the one hand, and by the authoritarian right and neoliberal proponents, on the other hand, the cepalino project remains Latin America’s most important contribution to debates about capitalism and globalization, while the institution, after it reinvented itself at the turn of the century, still constitutes a point of reference and a privileged repository of information about the region.

The two prime movers of globalization: history and impact of diesel engines and gas turbines

2007 ◽  
Vol 2 (3) ◽  
pp. 373-394 ◽  
Author(s):  
Vaclav Smil
Keyword(s):  
Multinational Corporations ◽  
Diesel Engines ◽  
Gas Turbines ◽  
Raw Materials ◽  
Mass Scale ◽  
Long Distance ◽  
Long Distance Transport ◽  
Ocean Shipping ◽  
History Of ◽  
Prime Movers

AbstractModern economic globalization would be impossible without our ability to move billions of tonnes of raw materials and finished goods among the continents and to fly at speeds approaching the speed of sound. These realities were made possible by the interaction of economic and technical factors. Much has been written about their organizational and political underpinnings (ranging from the role of multinational corporations to the history of free trade agreements), but much less on the history of the two prime movers that made these realities possible. Neither steam engines, nor gasoline-fuelled engines could have accomplished comparable feats. Diesel engines made ocean shipping the cheapest mode of long-distance transport and without gas turbines there would be no fast, inexpensive, mass-scale intercontinental travel. This paper examines the history, advances, benefits and costs of the two prime movers.

Imperialism and Dependency in Latin America: A View of the New Reality of Multinational Investment

1973 ◽  
Vol 15 (1) ◽  
pp. 21-35 ◽  
Author(s):  
Russell Martin Moore
Keyword(s):  
Latin America ◽  
International Trade ◽  
Multinational Corporations ◽  
Latin American ◽  
International System ◽  
Economic Life ◽  
System A ◽  
The 1950S ◽  
Relationship Of ◽  
Developed World

The fundamental reality of Latin America during the 1970s will be the efforts of governments to reduce their countries' dependence on the developed world and thereby increase their autonomy within the international system. A salient aspect of this effort is and will be a redefinition of the role multinational corporations play in Latin American societies. Foreign investment will continue to play an important part in the economic life of the region, but the acceptable characteristics and behaviors of multinational corporations will differ substantially from those which were prevalent in the 1950s and 1960s.The rationale for a restructuring of the relationship of Latin American economies with the system of international trade and investment is found in the writings of “dependence theorists” such as Theotonio Dos Santos (1970) and Osvaldo Sunkel (1972). In a sense, their approach can be seen as a development of the Prebisch thesis of the 1950s, which held that Latin American economies were being systematically diverted from attaining their true potential through the workings of the international trade mechanism.

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