Global South

SouthViews No. 33, 5 October 2012

South facing unfavourable global conditions; rethinking growth strategies is imperative

By Yilmaz Akyüz

The high-growth performance of many developing countries in 2003 to 2008 and then their quick recovery from the 2008-9 global financial crisis was largely due to favourable external conditions, including the policies in developed countries. (This was analysed in the previous issue of South Bulletin). However, these conditions do not exist today and in fact the global conditions have turned unfavourable. Hence developing countries are now facing serious vulnerabilities and risks to their economic situation, with each category of countries facing their own specific problems. Developing countries have to consider changing their growth and development strategies, in light of the changing global situation.

(more…)

SouthViews No. 25, 26 July 2012

The Staggering Rise of the South?

By Yilmaz Akyüz

The theory that developing countries have de-coupled from growth in advanced economies and can continue with high growth even during the global slowdown is not based on proper examination of facts. A South Centre paper challenges the concept of the inexorable rise of the South. This is a summary of the arguments.

(more…)