The “Expectation Revolution” Is Rattling Chile,Turkey and Brazil |
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| Authors: | KEMAL DERVIS |
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| Affiliation: | Vice‐President and Director for Global Economy and Development at the Brookings Institution. He has been Minister of Economic Affairs of Turkey and Executive Head of the United Nations Development Programme. |
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| Abstract: | The great story of the last decade has been the “rise of the rest”—emerging economies such as China, Brazil, Turkey and India—to a position rivaling that of the established, advanced economies. As the aftershocks of the financial crisis of 2008–2009 continue to ripple through the global system, will the rising rest stay or track or be derailed? Some of the world's top economists examine this question in the following section. |
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