'The global economic landscape is changing at a dazzling pace with the surge of economic giants in the South. The change will be lasting but its implications are yet to be fully understood. This book takes us a long way towards such understanding.' - José Antonio Ocampo, Columbia University, USA. 'This book is an important addition to the literature on how to rebalance the world economy. It provides considerable insight into underlying trends in globalization and the nature of global imbalances and how the new dynamics of adjustment and change in the world economy may be shaped by the shifting balance of power between the north and the south.' - Yilmaz Akyüz, Special Economic Advisor and Chief Economist, South Centre, Switzerland‘This important set of studies presents a fresh look at Globalization. It takes the perspective of South-South relations in a world of growing economic contrasts, with rapid growth in China, India and much of the South while the North faces austerity and recession. It is all the more impressive as a contribution of the next generation of professionals as well as those who have arrived.’ - Sir Richard Jolly, University of Sussex, UK, and co-director of the UN Intellectual History Project