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A teenager wears torn rubber boots in a muddy local market in Bac Ha, Viet Nam. As of 2005 figures, half the world population—more than 3 billion people–is estimated to live on less than USD 2.50 a day. Bac Ha, Viet Nam. UN Photo/Kibae Park.

Table of contents

Southern Engines of Global Growth

Southern Engines of Global Growth
Southern Engines of Global Growth
China, India, Brazil, and South Africa are reshaping the world economy. These Southern Engines countries have experienced a dramatic transformation in their productive and trade capabilities, consequently turning into global super powers. The current age of globalization, in which the Southern Engines have a primary role, faces a mixed set of interconnections wherein countries and economic agents are linked closely together by trade in goods and services, flows of capital, and movements of talent and skills. Much has been written about the spectacular performance of the Asian Giants, China and India. Arising from a UNU-WIDER research project, this collection goes further by studying the substantial contribution of other large emerging countries such as Brazil and South Africa. Using a wealth of data, as well as case studies, the book provides a detailed history review of industrialization and economic development. The volume explores the foundations of the Southern Engines development experiences, and how these could provide resourceful lessons to the developing world. Additionally, the foremost patterns of international politics and governance are dealt with by leading scholars, who critically assess how the Southern Engines have contributed to rebalance geopolitics. This volume is a stand alone reference for researchers and policy makers concerned with international development and global governance. The studies jointly provide valuable insights for other developing countries in the pursuit of sustainable growth and forward looking development strategies.
Publisher:
Oxford University Press
Series:
WIDER Studies in Development Economics
Title:
Southern Engines of Global Growth
Authors:
Edited by Amelia U. Santos-Paulino and Guanghua Wan
Publication date:
April 2010
ISBN Printed:
019958060X
ISBN 13 Print:
978-0-19-958060-6
Copyright holder:
© UNU-WIDER
Copyright year:
2010
Keywords:
Growth, trade, FDI, globalization, regional economy, governance, India, China, South Africa, and brazil
JEL:
I32, I38, O10, O12
Project:
Southern Engines of Global Growth
Format:
Hardback book