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Emerging Third World powers: China, India and BrazilChina, India and Brazil have become world economic powers; they are attempting to harness the forces of globalisation so as to strengthen their international standing in multilateral institutions like the WTO. Theirs is not a surrender to imperialism, but an attempt to build a bulwark against it, from which they can implement their own national strategies for development strategies that are qualitatively different from those followed by the non-aligned movement after Bandung. While each country is pursuing a somewhat different path, their collective might within the G-20 is already forcing concessions on trade, agriculture and subsidies from the US and EU. But do such growing South-South economic linkages have the potential to transform the global balance of power?
Key Words: Bandung Beijing Consensus Doha FDI G-8 G-20 globalisation non-aligned movement transnationals WTO
Race & Class, Vol. 46, No. 3,
7-27 (2005) |
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