South Meets South
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Characterized by the rise of the emerging powers, the past decade has also seen an unprecedented increase in South-South trade. Demand from Asia, and in particular China, drove growth in Latin American and African economies throughout the decade, and speeded recovery after the global recession. Meanwhile, the rise to prominence of the G-20 combined with reforms in the international financial institutions have led to gains in influence for the global South. But not all the benefits have been equally distributed, and they could yet be undermined by zero-sum policy approaches.
Published: World Politics Review on

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