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New Players, New Game? - The Impact of Emerging Economies on Global Governance (Paperback)
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New Players, New Game? - The Impact of Emerging Economies on Global Governance (Paperback)
Series: Strategy & Change - HCSS
Expected to ship within 10 - 15 working days
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The first decade of the 21st century has been a period of rapid eco
nomic growth in many large emerging economies, especially China.
While Western economies are weighed down by debt and austerity
measures, many emerging economies are in much better fiscal shape.
The growing economic and financial momentum of Brazil, Russia,
India, China and South Africa, as well as indonesia, Turkey and
South Korea (or 'BRICS+'), raises serious questions for Western
decision makers. Of central strategic concern is whether (several
of) the emerging economies are likely to coalesce into an economic
or political bloc that might develop a counterbalance to Western
influence in existing economic, financial and political
institutions. The emergence of a de facto bipolar world with 'the
West against the Rest' could increase the costs of doing business,
severely complicate reaching agreement on transnational problems,
challenge the promotion of Western values and human rights, lead to
increased diplo matic or military tensions and potentially
jeopardize the ongoing process of economic globalization. Questions
this study addresses include: could the BRICS+ pave the way to ward
a new economic or political bloc? In what ways has the rise of
emerg ing economies affected the international power balance? And,
how could bloc formation impact on economic opportunities for
European firms in these emerging economies?
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