Author:
Kaplan, Stephen B., 1973- author.
ImprintCambridge, United Kingdom ; New York, NY : Cambridge University Press, 2021.
Descriptionxx, 390 pages : illustrations ; 24 cm
Note:Introduction: China's Latin American bankers -- The emergence of Chinese patient capital -- Globalizing patient capital : a theoretical framework -- The political economy of Chinese finance -- Chinese financing and Latin American fiscal space -- Public procurement's check on fiscal expansion -- International loans with commercial strings attached -- Conclusion : a dynamic creditor-debtor relationship.
Bibliography Note:Includes bibliographical references (pages 365-378) and index.
Note:This book is for scholars and practitioners examining the costs and benefits of China's economic expansion into the Western Hemisphere. It assesses how China's state-led capitalism, a form of 'patient capital' characterized by long-term risk tolerance and a lack of policy conditionality, affects national-level governance across the Americas.
