Emerging Markets in a World of Chaos: Pathways for Economic Growth and Development

This book explores the prospects of emerging markets in a world of shocks and transitions, tracing the rise of China, India, Brazil, Argentina, Mexico, Turkey, Indonesia, Russia, Saudi Arabia, and South Africa. It provides a strategic roadmap of reform for these economies to escape the middle-income trap and argues that emerging markets will continue to play a significant role in the twenty-first century.

Format: Unspecified
Length: 218 pages
Publication date: 04 November 2023
Publisher: Springer International Publishing AG

This captivating book takes readers on a fascinating journey through a world of shocks and transitions, exploring the rise of China, the emergence of India, the shifting fortunes in Brazil, Argentina, and Mexico, the unique developments in Turkey and Indonesia, the complex geopolitics in Russia and Saudi Arabia, and the challenging post-apartheid transition in South Africa. Through an innovative analytical approach and robust empirical evidence, the book delves into a wide range of topics, including macroeconomics, human development, institutions, and climate change. It offers a strategic roadmap for reform to help these economies escape the middle-income trap and thrive in the twenty-first century.

In a world characterized by economic shocks, shifting demographics, and the rise of renewable technologies, emerging markets are poised to play a significant but complex role in the twenty-first century. This captivating book provides a comprehensive exploration of these markets, tracing their rise, challenges, and prospects.

China, as the world's second-largest economy, has experienced remarkable growth in recent decades, driven by its manufacturing sector and investment in infrastructure. However, China faces a number of challenges, including an aging population, rising debt levels, and environmental issues. The book examines China's economic policies, social reforms, and geopolitical implications, and offers insights into how China can continue to grow and prosper in the future.

India, on the other hand, is the world's fastest-growing major economy, driven by its young population, technological advancements, and service sector. India has a significant potential for growth, but it also faces challenges such as income inequality, political instability, and environmental issues. The book explores India's economic policies, social reforms, and political landscape, and offers predictions about its future trajectory.

Brazil, Argentina, and Mexico have also experienced significant economic growth in recent years, but they face a number of challenges, including high levels of debt, political instability, and economic inequality. The book examines these countries' economic policies, social structures, and political dynamics, and offers recommendations for sustainable growth and development.

Turkey and Indonesia, two emerging markets with unique characteristics, have experienced rapid growth in recent years, driven by their strong economic policies, technological advancements, and young populations. However, they also face challenges such as political instability, social unrest, and environmental issues. The book explores Turkey and Indonesia's economic policies, social reforms, and political landscapes, and offers insights into how these countries can continue to grow and prosper in the future.

Russia and Saudi Arabia, two oil-rich countries with complex geopolitics, have experienced significant economic growth in recent years, but they also face a number of challenges, including economic diversification, political instability, and environmental issues. The book examines these countries' economic policies, geopolitical strategies, and social dynamics, and offers recommendations for sustainable development and stability.

South Africa, which has undergone a challenging post-apartheid transition, has made significant progress in reducing poverty, improving healthcare, and promoting social inclusion. However, South Africa still faces challenges such as income inequality, unemployment, and political instability. The book explores South Africa's economic policies, social reforms, and political landscape, and offers insights into how South Africa can continue to grow and prosper in the future.

The book also delves into a range of topics related to emerging markets, including macroeconomics, human development, institutions, and climate change. It offers a strategic roadmap for reform to help these economies escape the middle-income trap and thrive in the twenty-first century. The book argues that in a world where advanced economies are defined by slowdown, growing trade blocs, changing demographics, and the rise of renewable technologies, emerging markets will continue to play a significant but complex role in the global economy.

In conclusion, this captivating book provides a comprehensive and insightful exploration of emerging markets in a world of shocks and transitions. It offers a strategic roadmap for reform to help these economies escape the middle-income trap and thrive in the twenty-first century. The book is a valuable resource for policymakers, business leaders, and anyone interested in understanding the complex dynamics of emerging markets and their potential for growth and development.

Weight: 442g
Dimension: 210 x 148 (mm)
ISBN-13: 9783031299483
Edition number: 1st ed. 2023