Competing in the world economy does not automatically boost a nation's productivity and restructure its economy. Such progress requires mobilizing capital, employment, technology and knowledge. Opportunities beyond the business realm must be fully exploited to the benfit of society as a whole....

China's size, rapid growth, external openness, and trade performance have led to varying perceptions among the countries of Latin America: Is China a potential new market, a potent new competitor, or both? This book assesses the near-term strategic implications of China's economic performance...