Management Papers

Document Type

Journal Article

Date of this Version

9-2011

Publication Source

Comparative Economic Studies

Volume

53

Issue

3

Start Page

431

Last Page

453

DOI

10.1057/ces.2011.6

Abstract

The aim of this paper is twofold. First, we document the changing global landscape before and after the crisis, emphasizing the shift toward multipolarity. In particular, we emphasize the ascent of developing countries in the global economy before, during, and after the crisis. Second, we explore what these global economic changes and the recent crisis imply for shifts in the direction of research in development economics. We place a particular emphasis on the lessons that developed countries can learn from the developing world.

Copyright/Permission Statement

This is a post-peer-review, pre-copyedit version of an article published in Comparative Economic Studies. The definitive publisher-authenticated version is available online at: http://link.springer.com/article/10.1057%2Fces.2011.6.

Keywords

growth, economic development, international economic order, trade, welfare programs, income distribution, economic development, technological change and growth

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Date Posted: 27 November 2017

This document has been peer reviewed.