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Título del libro: External Powers In Latin America: Geopolitics Between Neo-Extractivism And South-South Cooperation
Título del capítulo: Patron or partner? Asymmetry and complementarity in economic relations between South Korea and Latin America

Autores UNAM:
JUAN FELIPE LOPEZ AYMES;

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Autores externos:

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Idioma:

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Año de publicación:
2021

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Resumen:

Closer economic relations between the Republic of Korea (South Korea) and Latin America are attributable both to changes in the Korean industrial structure and to the economic liberalization that took place in Latin America throughout the 1980s and 1990s. Nowadays, economic relations between Latin America and South Korea are quantitatively similar to those that Latin America has with other traditional partners; trade and investment structures are asymmetrical in terms of composition, value and technological development, and are not very different to the standard North-South pattern. This chapter argues that this asymmetry relates to differences in the development approaches of the two parties. Korean industrialization and engagement with international markets follow a developmental approach that nurtures domestic capital and technology, whereas the Mexican government has chosen to limit itself as an export platform based on labour-intensive segments of global production, Brazil still has limited technological capacity, and other Latin American countries are mostly exporters of natural resources. Korean relations with Latin American partners have been framed as complementary, with economic cooperation often reinforcing this feature. This chapter challenges this view and discusses the risks that such conceptual framing poses to Latin American development and autonomy. © 2021 selection and editorial matter, Gian Luca Gardini; individual chapters, the contributors.

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Entidades citadas de la UNAM:

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Fuente:


ISBN:
9781000375329
Editorial:
Taylor and Francis Nombre de la publicación:
Patron or partner? Asymmetry and complementarity in economic relations between South Korea and Latin America
Página inicial:
167
Página final:
185

Tipo de producto:
Capítulo de un Libro

DOI:
10.4324/9780429351808-11