Rise of the global South
kathmandupost.com · Wed Aug 14 00:44:13 UTC 2024

By fostering identification and solidarity, developing nations are reshaping the international economic order.
The rise of countries in the Global South is reshaping the international economic landscape and pushing the profound transformation of the global economic order. This historical process, a representation of the universally beneficial, inclusive and balanced "re-globalization", embodies the economic takeoff of developing countries and the diversification of the global power structure. Against such a background, the countries in the Global South are pushing, in a way that has never been seen before, to form a new economic order that better reflects fairness and win-win efforts.
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