Despite developing countries accounting for an increasing share of world income and exports, no significant shift in the ranks of the 25 largest economies by GDP has occurred between 1965 and 2007. And only China, and perhaps India but none of the other large developing economies, would account...

This paper examines five issues: 1) Recent performance of developing countries in terms of growth, investment and integration with the world economy; 2) The impact of the crisis on these economies; 3) The response of policy makers in these economies to mitigate the adverse impact, in particular,...

This article analyses shifts in economic power over the last five decades or so. While developing countries (DCs) and regions have increased their share of incremental world income and incremental world exports over this period, there is very little shift in the relative rankings according to...