2023
DOI: 10.1086/722891
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:The Rise of China’s Industrial Policy, 1978 to 2020

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“…The steady economic growth that the Latin American region experienced started from the beginning years of the new century. This steady economic growth was supported not only by the structural reforms that the region opted the decade ago but also by the demand for commodities that China boost for its industrialization (Naughton, 2021). Therefore, the whole region experienced a steady poverty rate reduction driven by economic growth, but also by public policies intervention, which was only possible because economies could have greater amounts of tax collection due to their economic growth.…”
Section: Introductionmentioning
confidence: 99%
“…The steady economic growth that the Latin American region experienced started from the beginning years of the new century. This steady economic growth was supported not only by the structural reforms that the region opted the decade ago but also by the demand for commodities that China boost for its industrialization (Naughton, 2021). Therefore, the whole region experienced a steady poverty rate reduction driven by economic growth, but also by public policies intervention, which was only possible because economies could have greater amounts of tax collection due to their economic growth.…”
Section: Introductionmentioning
confidence: 99%