In 2008, the weight of developing and emerging economies in the global economy tipped
over the 50% mark for the first time. Since then, Perspectives on Global Development
has been tracking the shift in global wealth and its impact on developing countries.
How much longer can the dividends of shifting wealth benefit development, and what
does this mean for development strategies?
This new edition first investigates what China’s transformation has meant for global
development perspectives, and how shifting wealth has affected countries beyond economic
terms, exploring well-being across the developing world. It also analyses and draws
lessons from development paradigms over the past 70 years, showing that developing
nations in the 21st century have to invent their own, original pathways to greater
well-being and sustainability. The time has come to rethink international co-operation
and foster more effective exchanges of social and human capital.
Published on November 29, 2018Also available in: French