|
Abstract China contributes to poverty reduction in Latin America in ways of foreign aid and investment, with infrastructure construction as a breakthrough and state-owned capital as the main force, which generally promotes economic growth and poverty reduction of Latin American and Caribbean (LAC) countries. However, different types of aid and investment generate different poverty reduction effects. In the framework of the Belt and Road Initiative, the joint construction of China and LAC countries will witness more growth potential, but also many challenges. Problems such as government corruption, low market efficiency, fragmentation of foreign aid and investment and Chinas insufficient capacity in international affairs, to some extent, impede the advancement of cooperation between China and LAC countries in fighting poverty. Therefore, China should continuously improve the multichannel model for cooperation and financing, make a reasonable balance between infrastructure construction and the capacity promotion poverty reduction projects, and strengthen exchange and cooperation with LAC countries in governance capacity and market system construction, with the aim to build a foreign aid and development system characterized by openness and inclusiveness, and to promote cooperation in poverty reduction between China and LAC countries.
|
|
|
|
|
|
