Rise of the Global South
Rise of the Global SouthAs economic power shifts to the developing world, will politics follow?
In the last three decades, the economies of developing countries have seen a rapid acceleration. Their share of the global economy has increased from 36 per cent to an estimated 51 per cent by 2014. As the developing countries of the Global South continue to outpace the West, business structures are being revolutionised. However, sceptics believe the growth is unsustainable, especially in emerging countries plagued by political instability, health epidemics and corruption. So, will economic progress continue and what impact will it have on the global political landscape?
In this episode of The Stream, we speak to Anil K. Gupta, professor at INSEAD and the University of Maryland. He’s also the co-author of “Getting China and India Right”; and Gordon McCord (@gcmccord), Assistant Professor at the School of International Relations & Pacific Studies at the University of California at San Diego.
What do you think? Will we see a shift in world power as the Global South rises? Send us your thoughts and comments on Facebook or Twitter using #AJStream.