The current global crisis will definitely have a massive impact on the South. It is especially those economies that globalized most fully and followed strategies of export-oriented industrialization that tied their growth to foreign markets that will suffer most.
global south
Interview with Walden Bello: Impact of current crisis on the South
posted by fincrisis | Wed, 25/03/2009 - 18:03South Centre calls for Revamping the Global Financial Architecture
posted by fincrisis | Thu, 12/03/2009 - 20:10The financial crisis has shown how dysfunctional the current international financial architecture is to manage the global economy of today, with its myriad of interconnections through which financial turmoil spreads across the world and with its revealed and significant regulatory deficit
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