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The future of South-South economic relations (Paperback)
Loot Price: R195
Discovery Miles 1 950
You Save: R55
(22%)
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The future of South-South economic relations (Paperback)
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List price R250
Loot Price R195
Discovery Miles 1 950
You Save R55 (22%)
Expected to ship within 5 - 10 working days
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The book presents a forward-looking analysis of South-South
economic relations, and how they might impact and be impacted by
the rest of the world. It includes a broad array of empirical case
studies from across the global south, including Africa, Latin
America and, particularly, the rise of China and features a truly
global group of authors, both policy practitioners and academics,
including leading names in their field. The phrase `South-South
cooperation' gained popularity in the 1970s as developing countries
negotiated agreements aimed at narrowing the development gap with
the North (UNDP 2004). More recently, however, the term has taken
on new importance in the face of the global financial downturn and
stalled multilateral trade negotiations. The surprising resilience
of certain emerging economies and regional integration trends
indicate that the global South may yet sit in the driver's seat of
the world economy. The discussion reveals three key insights into
the nature and future of economic collaboration in the global
South. First, and perhaps most transparently, the nature of
South-South economic relations extends far beyond simple trade
relationships. It involves investment and finance, labour and
workforce movement, as well as cooperation in global economic
governance. Secondly, the `South', while a helpful category for
some analyses, is far from homogeneous. Indeed, a gap seems to be
widening between those countries designated `emerging economies'
and those which are not. Finally, existing collaboration among
Southern countries has had both distinctly positive and negative
impacts thus far. Undoubtedly, South-South economic relations have
potential for harm and for good. In the absence of directed
policies and intentional market and government actors, imbalances
of power and growing gaps in development will persist. With the
right policies in place and the right incentives in the market,
however, these relationships could forge a new global order with
greater economic and political equality.
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