Everyone in particular the Global South, since in a global context of economic slowdown deepen by the covid pandemic – , and in which the ne to increase exports to balance external accounts and infrastructure financing is highlight, the discourse bas on the Five Principles and the non-establishment of conditionalities in terms of fiscal or monetary policy is extremely attractive for the periphery. The truth is that as Siran Wang, Paulina Gazón and María Marta Di Paola point out , beyond the non-establishment of conditionalities for the financing of projects on economic policy or non-interference in internal politics as occurr.
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With Western powers, there are impositions -explicit or implicit- on the contracting of Chinese suppliers or the weight that the Asian country has in the trade balances of the Latin American South Sudan Email List nations in the negotiations is assert. Due to the consolidation of China as a strategic partner of countries with different political profiles and dissimilar visions of development, in a context of asymmetrical power, we call it in the « Beijing Consensus». Since then, there has been a political shift in several Latin American countries towards conservatism, neoliberalism and even authoritarianism, which by the end of the Barack Obama administration in the Unit States already outlin the region as an area of interhegemonic dispute.
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With the beginning of the Trump administration and a Unit States more withdrawn in on itself (even sustaining a protectionist trade policy), economic pragmatism prevails on the part Aero Leads of Latin American governments and the search for equidistance in these disputes, in a attempt to address the links with the Asian giant from a “de-ideologiz” perspective. With the Declaration of the First Ministerial Meeting of the Forum , which includes the announcement of intentions to increase the volume of trade with Latin America to , million dollars and FDI for the following ten years to a total of , million, China grants.
