The on-going shift of the global economic centre of gravity from the West to the East and the North to the South has led to a rapid evolution of the development cooperation and aid architecture. Emerging and developing countries such as those within the BRICS (Brazil, Russia, India, China, South Africa) grouping now account for a large proportionate share of global growth. The growth of these large economies has been spurred in part by integration with global and regional supply chains. Concomitantly, external stability and shared prosperity is of vital importance if their growth trajectories are to remain intact.
Development cooperation and emerging powers: New partners or old patterns, a book edited by Sachin Chaturvedi, Thomas Fues and Elizabeth Sidiropoulos, sketches the contours of the evolving development cooperation frameworks and experiences of individual emerging and developing countries. The book is divided into three sections: the first delves into the background of South–South cooperation, a historical concept which has established the structures and normative ideas within which emerging and developing countries largely place their development cooperation engagements; the second encompasses a nuanced narrative on the experiences of traditional aid and ‘donor’ countries; and the third focuses on the new actors, institutions and modalities in the development cooperation space.
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