Heine Discusses Economic Opportunities for Latin America’s Progressive Leaders
Ambassador Jorge Heine, Research Professor at the Frederick S. Pardee School of Global Studies at Boston University, published a Global Times op-ed in which he discusses Latin America’s collective political shift to the left and how this may impact relations with China.
In his article, titled “China and the return of the Left in Latin America,” Heine outlines the triumphant rise of progressive leaders in Latin America in response to the failings of right-wing governments during the pandemic and how these new leaders’ relationship with China could help bolster the region’s economic recovery. China has historically invested in the region’s natural resources and infrastructure, which has helped embolden Latin American economies; however, Heine argues that progressive leadership should focus on fostering development and growth, creating jobs, incentivizing Sino-LAC joint ventures in manufacturing, and adding value to the commodities.
An excerpt:
The new wave of progressive governments is much more aware than its predecessors of the need for industrial policies to foster development and growth…As the region enters a new political cycle, there is an opportunity to break out of the vicious circle of “boom and bust” that has led Latin America from one lost decade to another. In this, China and Chinese companies can and should play a significant role.
The full article can be read on Global Times‘ website.
Ambassador Jorge Heine is a Research Professor at the Pardee School of Global Studies at Boston University. He has served as ambassador of Chile to China (2014-2017), to India (2003-2007), and to South Africa (1994-1999), and as a Cabinet Minister in the Chilean Government. Read more about Ambassador Heine on his Pardee School faculty profile.