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This paper attempts to analyse the economic implications of the rise of China, India, Brazil and South Africa, for developing countries situated in the wider context of the world economy. It examines the possible impact of their rapid growth on industrialized countries and developing countries,...
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This paper outlines the contours of global economic development, since 1980, to analyse underlying factors and consider future implications. The increased economic significance of developing countries, reflected in their share of world output, manufacturing and trade, is striking. But...
Persistent link: https://www.econbiz.de/10011574134
Gunnar Myrdal published Asian Drama in 1968, a work which made important analytical contributions to our understanding of development but was deeply pessimistic about Asia's future prospects. Since then, contrary to Myrdal's expectations, Asia's development has been remarkable, although...
Persistent link: https://www.econbiz.de/10011938218
Over the last fifty years Asia has transformed beyond recognition. 'Resurgent Asia' provides an analytical narrative of Asia's incredible development situated in the wider context of historical, political, and social factors.
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This paper analyses the evolution of developing countries in the world economy from a long-term historical perspective, with a focus on the second half of the 20th century. It highlights the dominance of the South until about two centuries ago, ago, and traces its decline and fall from 1820 to...
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