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Southern Engines of Global Growth
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Southern Engines of Global Growth

Amelia U. Santos-Paulino and Guanghua Wan

Abstract

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 ... More

Keywords: China, India, Brazil, South Africa, globalization, geopolitics

Bibliographic Information

Print publication date: 2010 Print ISBN-13: 9780199580606
Published to Oxford Scholarship Online: May 2010 DOI:10.1093/acprof:oso/9780199580606.001.0001

Authors

Affiliations are at time of print publication.

Amelia U. Santos-Paulino, editor
Research Fellow, World Institute for Development Economics Research (UNU-WIDER)
Author Webpage

Guanghua Wan, editor
Senior Economist, Asian Development Bank
Author Webpage

Contents

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1 Introduction: Southern Engines of Global Growth

Amelia U. Santos‐Paulino and Guanghua Wan

Part I Historical, Economic, and Political Contexts

Part II Development Approaches and Growth Paths

5 Global Growth and Distribution: Are China and India Reshaping the World?

Maurizio Bussolo, Rafael E. De Hoyos, Denis Medvedev, and Dominique van der Mensbrugghe1

6 Vietnam Following in China's Footsteps: The Third Wave of Emerging Asian Economies

Jean‐Raphael Chaponnière, Jean‐Pierre Cling, and Bin Zhou

Part III The Role of Capital Flows, Investment, and Trade

10 National Policies to Attract Foreign Direct Investment in Research and Development: An Assessment of Brazil and Selected Countries

Mariana Zanatta, Eduardo Strachman, Flávia Carvalho, Pollyana C. Varrichio, Edilaine Camillo, and Mariana Barra

End Matter