Southern Engines of Global Growth

Hardcover | May 7, 2010

EditorAmelia U. Santos-paulino, Guanghua Wan

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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 SouthernEngines 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 ofindustrialisation 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 theSouthern 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 ofsustainable growth and forward looking development strategies.

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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 SouthernEngines have a primary role, faces a mixed ...

Amelia U. Santos-Paulino is a Research Fellow at the World Institute for Development Economics Research (UNU-WIDER) in Helsinki, Finland. Previously she was a Research Fellow at the Institute of Development Studies at the University of Sussex. She has served as a research economist at the Central Bank of the Dominican Republic and as ...

other books by Amelia U. Santos-paulino

Format:HardcoverDimensions:300 pages, 9.21 × 6.14 × 0.01 inPublished:May 7, 2010Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:019958060X

ISBN - 13:9780199580606

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Table of Contents

1. Amelia U. Santos-Paulino and Guanghua Wan: Introduction: Southern Engines of Global GrowthPart I: Historical, Economic and Political Context2. Deepak Nayyar: China, India, Brazil, and South Africa in the World Economy: Engines of Growth?3. Meghnad Desai: Southern Engines of Global Growth: Very Long Cycles or Short Spurts?Part II: Development Approaches and Growth Paths4. Jun Zhang: China's Economic Growth: Trajectories and Evolving Institutions5. Maurizio Bussolo, Rafael E. De Hoyos, Denis Medvedev and Dominique van der Mensbrugghe: Global Growth and Distribution: Are China and India Reshaping the World?6. Jean-Raphael Chaponniere, Jean-Pierre Cling and Bin Zhou: Vietnam Following in China's Footsteps: The Third Wave of Emerging Asian EconomiesPart III: The Role of Capital Flows, Investment and Trade7. Ricardo Gottschalk and Cecilia Azevedo Sodre: The Liberalization of Capital Outflows in CIBS: What Opportunities for Other Developing Countries?8. Marion Pircher: CIBS, Capital Flows, and Exchange Rates: What Lessons Have Been Learnt since the East Asian Crisis in 1997/98?9. John Henley, Stefan Kratzsch, Mithat Kulur and Tamer Tandogan: Foreign Direct Investment from China, India, and South Africa in sub-Saharan Africa: A New or Old Phenomenon?10. Mariana Zanatta, Eduardo Strachman, Flavia Carvalho, Pollyana C. Varrichio, Edilaine Camillo, and Mariana Barra: National Policies to Attract FDI in RandD: An Assessment of Brazil and Selected Countries11. Henri Bezuidenhout and Wim Naude: Foreign Direct Investment and Trade in the Southern African Development Community