콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Macroeconomics
Economy Direct Investment

Print

Bolivia, South Korea, and the development of lithium reserves : Understanding the benefits and costs of a newly demanded commodity

Related Document
Frame of Image
  • Bolivia, South Korea, and the development of lithium reserves
  • Ripley, Charles G.; Roe, Patrick
  • Keimyung University


link
Title Bolivia, South Korea, and the development of lithium reserves
Similar Titles
Sub Title

Understanding the benefits and costs of a newly demanded commodity

Material Type Reports
Author(English)

Ripley, Charles G.; Roe, Patrick

Publisher

[Daegu]:Keimyung University

Date 2014
Journal Title; Vol./Issue Asian Journal of Latin American Studies:vol. 25(no. 4)
Pages 23
Subject Country Bolivia(Americas)
South Korea(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Economy < Macroeconomics
Economy < Direct Investment
Holding Keimyung University

Abstract

Lithium is becoming an important resource in the world economy. An increasing number of products require the metal, ranging from laptops to hybrid vehicles. While a number of countries contain deposits, Bolivia has over 50% of the world’s reserves. As international interest grows, so are economic incentives to export the commodity. Although this subject has attracted scant scholarly research, the development of lithium reserves raises fundamental research questions that are both academically important and policy relevant. First, lacking the capacity to develop the reserves, the Bolivian government has actually bypassed U.S. corporations, its traditional partners, to seek assistance from South Korea. Although most research has focused on China’s inroads into Latin America, what does this new source of foreign direct investment mean for the country’s development? Second, there has been a growing body of literature questioning the positive externalities of export-led growth. Will Bolivia be able to benefit from the exportation of lithium? In addition to addressing these questions, this paper aims to: 1) Discuss the specific challenges an impoverished country like Bolivia faces; 2) analyze previous failures with the export-led development model; and 3) advance policies on how Bolivia will be able to benefit from the development and exportation of its lithium reserves.