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Economic growth, the UN and the Global South

An unfulfilled promise

Dados Bibliográficos

ID11188331
AutoresPallavi Roy (0000-0001-8359-0883, University of London, autor correspondente)
Ano2016
Volume37
Fascículo7
Páginas1284-1297
Data de publicação2016-07-02
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoThird World Quarterly (JOURNAL)
Identificadores do periódicoISSN: 0143-6597 • E-ISSN: 1360-2241
EditoraInforma UK Limited (PUBLISHER • GB)
DOI10.1080/01436597.2016.1154440
OpenAlexW2338789516
IdiomaEN
Citações recebidas1
Referências citadas12

The most visible success of the UN system has been to foster a multilateral structure of international governance that has proved resilient since World War II. However, this structure has failed to provide a financing mechanism to help developing countries achieve the structural transformations required for broad-based economic growth. Indeed, the Global South has also had many chances to reorder the international financing system but has failed thus far to do so. The global distribution of power remains with the USA and the West; even rising China plays by the contract-enforcement rules of the North in terms of global economic governance. Another critical reason why financing has not been readily available, despite the magnitude of capital flows between developed and developing economies, is that it comes with conditions that induce little ‘effort’ to result in capability development. Policies should be devised to overcome this weakness but they are unlikely within a multilateral framework. However, if the USA and China agree to work together on alternative multilateral systems promoted by the Global South, the potential for positive change increases

China · Development economics · Economic geography · Economic growth · Economics · Global South · Political science · South–South cooperation · Third world · Economic Theory and Policy · International Development and Aid · State Capitalism and Financial Governance

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Obras citantes distintas1
Citações por ano1
Intervalo de citações2025 - 2025 (1)
Velocidade de citaçãorecent
Altamente citadoNão
Tipos de citaçãoNeutras: 1
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