The last quarter of the twentieth century was a period of economic crises, increasing indebtedness as well as financial instability for Latin America and most other developing countries; in contrast, China showed amazingly high growth rates during this time and has since become the third largest...

While China and Latin America simultaneously implemented neoliberal policies as part of a profound economic restructuring process, there are important differences in the results of their policies and economic performance. This article discusses the different development paths of Latin America...