The changing nature of Asian-Latin American economic relations / German King ... [and others], editors.

Format:

Book

Government document

Contributor:

Rosales, Osvaldo.

Series:

Libros de la CEPAL ; 115.

Libros de la CEPAL ; 115

Language:

English

Subjects (All):

Agricultural industries.

Finance.

Investments, Asian.

International economic relations.

Latin America--Foreign economic relations--Asia.

Latin America.

Asia--Foreign economic relations--Latin America.

Asia.

Investments, Asian--Latin America.

Agricultural industries--Latin America--Finance.

Physical Description:

190 pages : illustrations, maps ; 23 cm.

Place of Publication:

Santiago, Chile : United Nations ECLAC, [2012]

Summary:

The Swift expansion of developing Asia is probably the most significant structural change in the world economy of the twenty-first century. For the remainder of this second decade of the twenty-first century, developing Asia will probably continue to be the growth engine of the world, in a context of weak growth prospects for the developed countries. Latin America, and in particular South American, have strongly benefited from developing Asia's surge. China has become one of the region's main trade partners. Despite their benefits, strengthened trans-Pacific economic relations have also become a cause for concern in Latin America, due to major imbalances of different kinds. To shed more light on these issues, the Ministry of Foreign Affairs and Trade (MOFAT) of the Republic of korea and the Economic Commission for Latin American and the Caribbean (ECLAC) organized the joint research project "Changing nature of Asia-Latin America economic relations". This book captures the outcomes of the research projects. Its purpose is twoford. On the one hand, it aims to document the growing investment and trade relations between Latin America and Asia, as well as some of their imbalances. On the other hand, it provides several examples on how to upgrade trans-Pacific economic relations. This book is offered to the Asian and Latin American policymaking, academic and business communities, as a contribution to bridging the gaps in our knowledge of economic relations between the two regions. Book jacket.

Contents:

Chapter I Asian agribusiness investment in Latin America, with case studies from Brazil 33

Introduction 33

A Asian transnational agrifood corporations 36

1 Investment, trade and trade agreements between Asia and Latin America 36

2 Emerging-market transnational corporations 38

3 The role of government 39

4 The role of cultural linkages 40

5 The role of vertical integration 40

6 Is outward Asian FDI resource-seeking? 42

B FDI trends worldwide and in Latin America 44

1 FDI in agriculture, forestry and fishing 44

2 FDI in the food and beverage processing industry 48

C Country analysis 51

1 Japan 51

2 China 56

D Case studies 58

1 Japan and the Cerrados Region Development-Programme (PRODECER) in Brazil 58

2 Asian logging investments in the Brazilian and Peruvian Amazon 61

3 Japanese investments in Brazilian biofuels 64

E Final considerations 67

Bibliography 70

Chapter II The changing nature of Asian investment in Latin American manufacturing: a value chain analysis 75

Introduction 75

A The steel industry 77

1 POSCOC CGL Atamira, Mexico 83

2 Companhia Coreano-Brasileira de Pelorizaçao (KOBRASCO) 85

3 NIPPON Steel US1MINAS, Brazil 86

4 BAOSTEEL Victoria Iron & Steel Co., Brazil 87

B The automobile sector 88

1 Chery Socma S.A. Uruguay 91

2 Moto Honda da Amazonia 93

3 Honda Automóveis do Brasil Ltda 94

4 Nissan Mexicana S.A 95

C The electronics industry 98

1 Panasonic do Brasil Ltda. (PANABRAS) 99

2 Toshiba T&D do Brasil Ltda 101

3 Huawei do Brasil 102

4 Samsung Electrónica da Amazonia Ltda. (SEDA) 102

5 Samsung Mexicana S.A. de C.V. (SAMEX) 104

6 LG Electronics do Brasil 105

D The textiles and apparel sector 106

1 Sae-A 107

2 Hansoll Textile 109

3 Hansae 110

E Concluding remarks 111

Bibliography 112

Chapter III Global services models for promoting economic integration between Asia and Latin America 115

Introduction 115

A Analysis of offshoring industries in Latin America and Asia 116

1 Definition and international trends 116

2 Services offshoring in Latin America 121

3 Services integration between Latin America and Asia 129

B Asian offshoring services firms in Latin America: case studies 132

1 Indian firms 133

2 Japanese firms 138

3 Korean firms 141

4 Chinese firms 142

5 Challenges to integration between Latin America and Asia 143

C Policy outlines for promoting the integration of offshoring services between Asia and Latin America 143

1 Latin America's perspectives in the offshoring industry 144

2 Public policies and productivity 145

3 Policies to promote the services industry 146

4 Policy on research and development 147

5 Education, training and social capital 150

6 Regional initiatives 151

Bibliography 152

Chapter IV Business models for trans-Latins: Latin American investments in Asia 155

Introduction 155

A Latin America in global value chains: foreign direct investment 158

1 Inward FDI 158

2 Outward FDI 161

B Case studies of Latin American firms internationalizing in Asia 169

1 Tenaris (Techint Group) 169

2 IMPSA 175

3 Bimbo 179

4 Embraer 182

C Concluding remarks 187

Bibliography 189.

Notes:

"The preparation of this document was supervised by Osvaldo Rosales"--T.p. verso.

"December 2012."

"Sales No. E.12.II.G.17"--T.p. verso.

Includes bibliographical references.

ISBN:

9789211218299

9211218292

OCLC:

830628121