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Ecuador’s Trade and Investment Relationship with China Under the Correa Administration

Rodas Saa, Christian S.

Abstract Details

2018, Master of Arts (MA), Ohio University, Latin American Studies (International Studies).
Globalization increases the integration of economies around the world. Historically, this interdependence has been dominated by Western economies, but emerging economies such as Brazil, Russia, India, China, and South Africa (BRICS) now compete with the United States and Western European countries for the dominance of the global economy. This thesis analyzes the rising bilateral relationship between Ecuador and China under the Correa administration, in terms of international trade, foreign direct investment (FDI), and financial loans. The research was conducted using both quantitative and qualitative methods. Official documentary records, bilateral agreements, national and international newspapers, and government speeches were analyzed. In addition, statistics about trade and investment patterns were calculated from data provided by international trade and investment databases. Further, personal interviews with government officials and businessmen were conducted in Quito to identify the major concerns raised about China’s growing presence in Ecuador’s economy. The findings show that Ecuador’s asymmetric trade relation with China, based on Ecuadorian imports from China, is disadvantageous for Ecuador. Also, Chinese funding is provided on the condition that the project funded contributes to satisfying China’s needs and Chinese workers are employed. Similarly, Chinese financing to Ecuador is linked to vague oil pre-sale contracts, which trigger opportunities for irregularities. The major finding of this work is that China has taken from Ecuador but does not reciprocate; this is an unsustainable relationship that will ultimately end badly for Ecuador.
Yeong-Hyun Kim (Advisor)
122 p.

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Citations

  • Rodas Saa, C. S. (2018). Ecuador’s Trade and Investment Relationship with China Under the Correa Administration [Master's thesis, Ohio University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=ohiou1525795713562622

    APA Style (7th edition)

  • Rodas Saa, Christian. Ecuador’s Trade and Investment Relationship with China Under the Correa Administration. 2018. Ohio University, Master's thesis. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=ohiou1525795713562622.

    MLA Style (8th edition)

  • Rodas Saa, Christian. "Ecuador’s Trade and Investment Relationship with China Under the Correa Administration." Master's thesis, Ohio University, 2018. http://rave.ohiolink.edu/etdc/view?acc_num=ohiou1525795713562622

    Chicago Manual of Style (17th edition)