Emerging Nations: Perspectives on Past Success and Future Challenges*
Sudipto Banerjee
Emerging Economy Studies, 2015, vol. 1, issue 2, 163-170
Abstract:
Abstract The emerging economies experienced unprecedented growth between 2001 and 2011. They not only survived the 2008–2009 great recession, but provided the fuel for the global economic engine to get back on the road to recovery. But since then their economies have faltered and the enthusiasm surrounding them has waned. This article discusses some of the reasons that were behind the decade long rise of these economies and the subsequent fall. It also sheds some light on the troubling signs that are now surfacing in these emerging economies and finally suggests some of the key areas where these governments should focus to return to their earlier success.
Keywords: Emerging economies; BRIC; economic growth (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:sae:emecst:v:1:y:2015:i:2:p:163-170
DOI: 10.1177/2394901515599120
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