Foreward
Augusto de la Torre

PART I: INTRODUCTION

1. Latin America's Response to China and India: Overview of Research Findings and Policy Implications
Daniel Lederman, Marcelo Olarreaga, and Guillermo E. Perry

PART II: THE GROWTH OF CHINA AND INDIA IS NOT A ZER-SUM GAME FOR LATIN AMERICA AND THE CARIBBEAN: SHORT- AND LONG-TERM EFFECTS

2. Trade, Specialization, and Cycle Synchronization: Explaining Output Comovement Between Latin America, China, and India
César Calderón

3. The Growth of China and India in World Trade: Opportunity or Threat for Latin America and the Caribbean?
Daniel Lederman, Marcelo Olarreaga, and Isidro Soloaga

4. Foreign Direct Investment in Latin America During the Emergence of China and India: Stylized Facts
Javier Cravino, Daniel Lederman, and Marcelo Olarreaga

PART III: THE NEGATIVE IMPACT OF CHINESE AND INDIAN COMPETITION IN SOME INDUSTRIES AND SOME REGIONS

5. China and the Recent Evolution of Latin America's Manufacturing Exports
Gordon H. Hanson and Raymond Robertson

6. The Effect of China's Exports on Latin American Trade with the World
Caroline Freund and �?ağlar �?zden

7. Effects on Services Trade with the United States
Caroline Freund

8. Trade Liberalization and Export Variety: A Comparison of Mexico and China
Robert C. Feenstra and Hiau Looi Kee

9. The Impact of Trade with China and India on Argentina's Manufacturing Employment
Lucio Castro, Marcelo Olarreaga, and Daniel Saslavsky

10. Factor Adjustment and Imports From China and India: Evidence from Uruguayan Manufacturing
Carlos Casacuberta and Néstor Gandelman

"This original study offers the first comprehensive analysis of the complex and heterogeneous impacts of emerging China and India on the countries of Latin America. It is a must read for those navigating the dramatically changing contours of the international economic landscape."