In their annual jointly produced report, the OECD Development Centre, the Economic Commission for Latin America and the Caribbean (ECLAC) and CAF – Development Bank of Latin America call for an enhanced Latin America-China partnership. Ties between Latin America and China are now evolving well beyond just trade, challenging Latin American countries to adopt specific reforms to boost inclusive growth and build a mutually beneficial partnership with China. The world’s economic centre of gravity has shifted away from OECD economies towards emerging economies during the past two decades, a phenomenon called “shifting wealth”. China has been – and will continue to be – a game changer for the region. The Latin American Economic Outlook 2016 explores how Latin America should deepen and improve its partnership with China as part of its development agenda.
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