TY - JOUR AU - Ugarteche, Oscar AU - León, Carlos De PY - 2022/05/05 Y2 - 2024/03/29 TI - China and the change of the energy matrix in Latin America: a global political economy approach JF - Brazilian Journal of Political Economy JA - BJPE VL - 42 IS - 2 SE - DO - 10.1590/0101-31572022-3203 UR - https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/2332 SP - 442-459 AB - <p>China is leading the global change in the energy matrix and mainly Latin America.<br>This change questions the position and leadership of the United States in general and<br>particularly in Latin America. Evidence shows that the United States lags in energy change<br>in technical and institutional terms and is anchored heavily in dirty energy. Evidence also<br>indicates that the US is not allowing China to advance in the region quickly. Power generation<br>from renewable energy sources is rising, with China leading in solar equipment and<br>hydroelectric dams while buying out electric distribution networks from US firms. The consequences<br>for the global economy will be felt on many fronts, from the balance of trade sign change and decreased inflation to currency realignments and power reshuffle as oil prices<br>collapse.</p><p><strong>JEL Classification:</strong> F6; O1; F18; F5; O36; O38.</p> ER -