Globalizing Patient Capital - Stephen B Kaplan

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Résumé :
This book is for scholars and practitioners examining the costs and benefits of China's economic expansion into the Western Hemisphere. It assesses how China's state-led capitalism, a form of 'patient capital' characterized by long-term risk tolerance and a lack of policy conditionality, affects national-level governance across the Americas.

Biographie:
Stephen B. Kaplan is Associate Professor of Political Science and International Affairs at George Washington University. He is the author of Globalization and Austerity Politics in Latin America (Cambridge, 2013).

Sommaire:
1. Introduction: China's Latin American Bankers; 2. The Emergence of Chinese Patient Capital; 3. Globalizing Patient Capital: A Theoretical Framework; 4. The Political Economy of Chinese Finance; 5. Chinese Financing and Latin American Fiscal Space; 6. Public Procurement's Check on Fiscal Expansion; 7. International Loans with Commercial Strings Attached; 8. Conclusion: A Dynamic Creditor-Debtor Relationship.