South–South Economic Linkages: An Overview

Abstract

Shikha Jha and Peter McCawley survey the expanding South–South international economic linkages in recent decades and note the growth in the areas of trade and investment relations; and in various other forms of economic relationships as well such as through labor markets, technology, policy coordination, and regional cooperation. Looking ahead, the prospects are that the changing architecture of international economic relations that South–South cooperation reflects will continue to gain in importance and will contribute to growth across the developing world. Policies that support both pro-market linkages and effective government partnerships will help South–South cooperation to grow further.