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Rising powers and the drivers of uneven global development.

Hudson, R. (2016) 'Rising powers and the drivers of uneven global development.', Area development and policy., 1 (3). pp. 279-294.

Abstract

The emergence of the rising powers has been seen as heralding a fundamental shift in global economic geography. It can also be seen as the latest expression of capitalist economic development. I first consider theorizations of this development as combined, uneven and crisis-prone, with an ongoing tension between processes of differentiation and equalization. I then situate the rising powers in the context of successive patterns of global uneven development, the transformation from an Old to a New International Division of Labour and then to a ‘new’ New International Division of Labour in which the emergence of the rising powers is a major element. There are, however, significant differences among the rising powers in their economic development trajectories, in the role of the state in shaping these, and in their relationships to other economies in both global North and South. Changes at the global scale are linked to changes in the intra-national geographies of economies in the new global economic geography. I conclude with some speculative remarks as to the possible future trajectories of the rising powers and how global economic geographies might evolve in future.

Item Type:Article
Full text:(AM) Accepted Manuscript
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Status:Peer-reviewed
Publisher Web site:https://doi.org/10.1080/23792949.2016.1227271
Publisher statement:This is an Accepted Manuscript of an article published by Taylor & Francis in Area Development and Policy on 6 September 2016 available online: http://www.tandfonline.com/10.1080/23792949.2016.1227271
Date accepted:18 August 2016
Date deposited:15 August 2018
Date of first online publication:06 September 2016
Date first made open access:15 August 2018

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