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Rising powers and the drivers of uneven global development

Rising powers and the drivers of uneven global development The emergence of the rising powers has been seen as heralding a fundamental shift in global economic geography. It can also be seen as the latest expression of capitalist economic development. I first consider theorizations of this development as combined, uneven and crisis-prone, with an ongoing tension between processes of differentiation and equalization. I then situate the rising powers in the context of successive patterns of global uneven development, the transformation from an Old to a New International Division of Labour and then to a ‘new’ New International Division of Labour in which the emergence of the rising powers is a major element. There are, however, significant differences among the rising powers in their economic development trajectories, in the role of the state in shaping these, and in their relationships to other economies in both global North and South. Changes at the global scale are linked to changes in the intra-national geographies of economies in the new global economic geography. I conclude with some speculative remarks as to the possible future trajectories of the rising powers and how global economic geographies might evolve in future. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Area Development and Policy Taylor & Francis

Rising powers and the drivers of uneven global development

Hudson, Ray
Area Development and Policy , Volume 1 (3): 16 – Nov 3, 2016
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Rising powers and the drivers of uneven global development

Abstract

The emergence of the rising powers has been seen as heralding a fundamental shift in global economic geography. It can also be seen as the latest expression of capitalist economic development. I first consider theorizations of this development as combined, uneven and crisis-prone, with an ongoing tension between processes of differentiation and equalization. I then situate the rising powers in the context of successive patterns of global uneven development, the transformation from an Old to a...
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Publisher
Taylor & Francis
Copyright
© 2016 Regional Studies Association
ISSN
2379-2957
eISSN
2379-2949
DOI
10.1080/23792949.2016.1227271
Publisher site
See Article on Publisher Site

Abstract

The emergence of the rising powers has been seen as heralding a fundamental shift in global economic geography. It can also be seen as the latest expression of capitalist economic development. I first consider theorizations of this development as combined, uneven and crisis-prone, with an ongoing tension between processes of differentiation and equalization. I then situate the rising powers in the context of successive patterns of global uneven development, the transformation from an Old to a New International Division of Labour and then to a ‘new’ New International Division of Labour in which the emergence of the rising powers is a major element. There are, however, significant differences among the rising powers in their economic development trajectories, in the role of the state in shaping these, and in their relationships to other economies in both global North and South. Changes at the global scale are linked to changes in the intra-national geographies of economies in the new global economic geography. I conclude with some speculative remarks as to the possible future trajectories of the rising powers and how global economic geographies might evolve in future.

Journal

Area Development and Policy – Taylor & Francis

Published: Nov 3, 2016

Keywords: Rising powers; capitalism; combined and uneven development; ‘new’ New International Division of Labour; state strategies; governance and regulation; multinational companies; 新兴国家资本主义; 联合的不均衡发展; ‘新’新国际劳动分工; 国家策略; 治理和管制; 跨国公司; Potencias emergentes; capitalismo; desarrollo combinado e irregular; ‘nuevas’ nuevas divisiones internacionales del trabajo; estrategias estatales; gobernanza y regulación; empresas multinacionales; Восходящие державы; Капитализм; Комбинированное и неравномерное развитие; ‘Новое’ НовоеМеждународное разделение труда; Государственные стратегии; Управление и регулирование; Транснациональные компании

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