Advanced Search
MyIDEAS: Login to save this paper or follow this series

China, India, Brazil and South Africa in the World Economy: Engines of Growth?

Contents:

Author Info

  • Nayyar, Deepak
Registered author(s):

    Abstract

    This paper attempts to analyse the economic implications of the rise of China, India, Brazil and South Africa, for developing countries situated in the wider context of the world economy. It examines the possible impact of their rapid growth on industrialized countries and developing countries, which could be complementary or competitive and, on balance, positive or negative. In doing so, it considers the main channels of transmission, to focus on international trade, investment, finance and migration. The essential question is whether, in times to come, these four countries could be the new engines of growth for the world economy. The answer is that rapid growth in China already supports growth elsewhere, so far primarily as a market for exports, while India and Brazil have the potential to provide similar support, but South Africa does not yet exhibit such a potential. In future, these countries could also provide resources for investment and technologies for productivity. The transformation and catch-up could span half a century or longer. Even so, rapid growth in these large emerging economies is already beginning to change the balance of economic power in the world.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.wider.unu.edu/stc/repec/pdfs/rp2008/dp2008-05.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number DP2008/05.

    as in new window
    Length: 30 pages
    Date of creation: 2008
    Date of revision:
    Handle: RePEc:unu:wpaper:dp2008-05

    Contact details of provider:
    Postal: Katajanokanlaituri 6B, 00160 Helsinki
    Phone: +358-9-6159911
    Fax: +358-9-61599333
    Email:
    Web page: http://www.wider.unu.edu/
    More information through EDIRC

    Related research

    Keywords: China; India; Brazil; South Africa; growth; development; history; trade; investment; finance; migration;

    This paper has been announced in the following NEP Reports:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Jenkins, Rhys & Peters, Enrique Dussel & Moreira, Mauricio Mesquita, 2008. "The Impact of China on Latin America and the Caribbean," World Development, Elsevier, vol. 36(2), pages 235-253, February.
    2. Deepak Nayyar, 2008. "Learning to Unlearn from Development," Oxford Development Studies, Taylor & Francis Journals, vol. 36(3), pages 259-280.
    3. Kaplinsky, Raphael & Morris, Mike, 2008. "Do the Asian Drivers Undermine Export-oriented Industrialization in SSA," World Development, Elsevier, vol. 36(2), pages 254-273, February.
    4. Robert Rowthorn, 2006. "The Renaissance Of China And India: Implications For The Advanced Economies," UNCTAD Discussion Papers 182, United Nations Conference on Trade and Development.
    5. Serra, Narcis & Stiglitz, Joseph E. (ed.), 2008. "The Washington Consensus Reconsidered: Towards a New Global Governance," OUP Catalogue, Oxford University Press, number 9780199534098, September.
    6. Deepak Nayyar, 2006. "Globalisation, history and development: a tale of two centuries," Cambridge Journal of Economics, Oxford University Press, vol. 30(1), pages 137-159, January.
    7. Deepak Nayyar, 2008. "The Internationalization of Firms From India: Investment, Mergers and Acquisitions," Oxford Development Studies, Taylor & Francis Journals, vol. 36(1), pages 111-131.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:unu:wpaper:dp2008-05. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bruck Tadesse).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.