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Learning from Developing Country Experience: Growth and Economic Thought before and after the 2008–2009 Crisis

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  • Ann Harrison

    (The World Bank, 1818 H Street, NW, Washington, DC 20433, USA.)

  • Claudia Sepúlveda

    (The World Bank, 1818 H Street, NW, Washington, DC 20433, USA.)

Abstract

The aim of this paper is twofold. First, we document the changing global landscape before and after the crisis, emphasizing the shift toward multipolarity. In particular, we emphasize the ascent of developing countries in the global economy before, during, and after the crisis. Second, we explore what these global economic changes and the recent crisis imply for shifts in the direction of research in development economics. We place a particular emphasis on the lessons that developed countries can learn from the developing world.

Suggested Citation

  • Ann Harrison & Claudia Sepúlveda, 2011. "Learning from Developing Country Experience: Growth and Economic Thought before and after the 2008–2009 Crisis," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 53(3), pages 431-453, September.
    • Handle: RePEc:pal:compes:v:53:y:2011:i:3:p:431-453
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    Cited by:

    1. Mina Baliamoune‐Lutz & Mohamed A. K. Basuony & Stefan H. H. Lutz & Ehab K. A. Mohamed, 2024. "International ownership and SMEs in Middle Eastern and African economies," African Development Review, African Development Bank, vol. 36(2), pages 279-291, June.

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