Abstract
This chapter analyzes shifts in the world economy since the 2008–09 downturn and their repercussions for advanced industrialized countries and developing/emerging markets. Time series data indicate that the global economic position of emerging markets significantly strengthened during the post-recession period. This development signals an enduring transformation of relations between developed countries and emerging markets, with major implications for global economic governance.
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Bartlett, D. (2016). The Economic Dimensions of Globalization. In: Noonan, N., Nadkarni, V. (eds) Challenge and Change. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-48479-6_5
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DOI: https://doi.org/10.1057/978-1-137-48479-6_5
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Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-137-49264-7
Online ISBN: 978-1-137-48479-6
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