Southeast Asia in the New Global Economy: Emerging Challenges from Africa and Latin America

Southeast Asia Research Centre Working Paper No. 109

29 Pages Posted: 9 Oct 2011

See all articles by Paul Cammack

Paul Cammack

City University of Hong Kong

Date Written: October 2011

Abstract

The purpose of this paper is to set the issue of Chinese investment in Southeast Asia in two contexts: the changing geography of economic growth and patterns of trade and investment across the world as a whole, and the accompanying quiet revolution that has taken place in the international institutions most directly concerned with the management of the global economy. The crisis that hit the advanced capitalist economies in 2007 has accelerated both processes, leading the OECD (Organisation for Economic Cooperation and Development) and the World Bank in particular to celebrate dynamic growth in Asia, Africa and Latin America, and to turn increasingly to Asia in general and China in particular as the key to future global growth. Central to this turn to the ‘emerging economies’ has been a sustained political and analytical focus on the potential for ‘South-South’ growth. In this context, the paper offers a stylized comparison of Africa, Latin America and Southeast Asia as regions in the new global economy, and draws some conclusions.

Keywords: Africa, Latin America, Southeast Asia, global economy

JEL Classification: FO2, N15, N16, N17, O53, O54, O55, P16

Suggested Citation

Cammack, Paul, Southeast Asia in the New Global Economy: Emerging Challenges from Africa and Latin America (October 2011). Southeast Asia Research Centre Working Paper No. 109, Available at SSRN: https://ssrn.com/abstract=1940772 or http://dx.doi.org/10.2139/ssrn.1940772

Paul Cammack (Contact Author)

City University of Hong Kong ( email )

83 Tat Chee Avenue
Kowloon
Hong Kong

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
139
Abstract Views
975
Rank
374,934
PlumX Metrics