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Emerging Nations: Perspectives on Past Success and Future Challenges

Author

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  • Sudipto Banerjee

Abstract

The emerging economies experienced unprecedented growth between 2001 and 2011. They not only survived the 2008–2009 great recession, but provided the fuel for the global economic engine to get back on the road to recovery. But since then their economies have faltered and the enthusiasm surrounding them has waned. This article discusses some of the reasons that were behind the decade long rise of these economies and the subsequent fall. It also sheds some light on the troubling signs that are now surfacing in these emerging economies and finally suggests some of the key areas where these governments should focus to return to their earlier success.

Suggested Citation

  • Sudipto Banerjee, 2015. "Emerging Nations: Perspectives on Past Success and Future Challenges," Emerging Economy Studies, International Management Institute, vol. 1(2), pages 163-170, November.
  • Handle: RePEc:sae:emecst:v:1:y:2015:i:2:p:163-170
    DOI: 10.1177/2394901515599120
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    References listed on IDEAS

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    1. Michael Clemens, 2011. "Economics and Emigration: Trillion-Dollar Bills on the Sidewalk? - Working Paper 264," Working Papers 264, Center for Global Development.
    2. Michael A. Clemens, 2011. "Economics and Emigration: Trillion-Dollar Bills on the Sidewalk?," Journal of Economic Perspectives, American Economic Association, vol. 25(3), pages 83-106, Summer.
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