"A welcome selection of historical, empirical and case studies that draws a compelling story of how China, India, Brazil and South Africa's development experiences are shaping a multipolar global economy, and ushering in a new era of opportunities for the development of the South at large." Justin Yifu Lin, Sr. Vice President & Chief Economist, The World Bank"With their current share in the global economy at 10 percent and joint annual growth rate of 9 percent, India and China could come to account for 30 percent of the global GDP in just 20 years. It is this prospect that makes the essays in this volume, written by the world's leading experts on the southern economies, so timely. All interested in the evolution of the world economy in the coming years would benefit from reading the essays." Arvind Panagariya, Professor of Economics & Bhagwati Professor of Indian Political Economy, Columbia UniversityThe Southern Engines, China, India, Brazil, and South Africa, are reshaping the world economy. These countries have experienced a dramatic transformation in their productive and trade capabilities, consequently turning into global super powers. The current age of globalization, in which the Southern Engines have a primary role, faces a mixed set of interconnections wherein countries and economic agents are closely linked together by trade in goods and services, flows of capital, and movements of talent and skills. Much has been written about the spectacular performance of China and India, the Asian Giants. Arising from a UNU-WIDER research project, this collection goes further by studying the substantial contribution of other large emerging countries such as Brazil and South Africa. Using a wealth of data, as well as case studies, the book provides a detailed historical review of industrialization and economic development.The volume explores the foundations of the Southern Engines development experiences, and how these could provide useful lessons to the developing world. Additionally, the foremost patterns of international politics and governance are dealt with by leading scholars, who critically assess how the Southern Engines have contributed to rebalance geopolitics. This volume is a standalone reference for researchers and policy makers concerned with international development and global governance. The studies provide valuable insights for other developing countries in the pursuit of sustainable growth and forward-looking development strategies. Read Less