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New wave of economic globalization: development opportunities and challenges for countries in the Global South

This thematic series seeks to develop an understanding of the new phenomenon of economic globalization driven by the growing Sino-US structural competition and the potential impact on developing countries. The impact from the economic globalization is not merely on trade and investment. Social issues such as income inequality, job market restructuring and political issue such as weaker sovereignty in the globalization are also key concerns arising from globalization. Moreover, military, political and diplomatic relations of countries are also important actors that shape new trends in economic globalization. Due to uncertain global economic climate, countries may adjust their relations with the US and China that will best serve their national interests. Nonetheless, developing countries may face internal and external constraints to make such a change.

Edited by: Min-hua Chiang and Bernard Gerbier

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