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      If you have found this article useful and you think it is important that researchers across the world have access, please consider donating, to ensure that this valuable collection remains Open Access.

      Journal of Global Faultlines is published by Pluto Journals, an Open Access publisher. This means that everyone has free and unlimited access to the full-text of all articles from our international collection of social science journals. Furthermore Pluto Journals authors don’t pay article processing charges (APCs).

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      Journal of Global Faultlines

      Volume 1, Issue 1
       
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      Losing grasp over the global financial system: the retreat of the North vs. the advance of the South

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      Journal: Journal of Global Faultlines
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            Abstract

            During the past decade the world has witnessed an unprecedented rise of emerging powers across the developing world. This development, accelerated by the recent global financial crisis, has led to a gradual increase of emerging powers involvement in international governance structures. Unlike the past, when the economic rise of new players such as Japan and the European Union (EU) somewhat challenged the American economic supremacy but did not alter much in the global landscape, the new wave of challengers seem to have the capabilities not only to change the balance within global governance structures but can also potentially shift the very structures themselves. To this end, emerging powers seem to increase their pressure over reform processes through their coordination as well as the institutionalization of alternatives to existing global and regional governance structures that fit more to their understanding of the world.

            Content

            Author and article information

            Contributors
            Sotiris Petropoulos
            Journal
            Journal ID (doi): 10.13169
            Journal ID (publisher-id): jglobfaul
            Title: Journal of Global Faultlines
            Publisher: Pluto Journals
            ISSN (Print): 23977825
            ISSN (Electronic): 20542089
            Publication date (Print): September 2013
            Volume: 1
            Issue: 1
            Pages: 70-88
            Affiliations
            Department of Political Science and International Relations, University of Peloponnese. E-mail: petropouloss@ 123456yahoo.gr
            Article
            Publisher ID: jglobfaul.1.1.0070
            DOI: 10.13169/jglobfaul.1.1.0070
            SO-VID: 5dff8b11-0299-45f4-a203-059fb5f18f2b
            Copyright © This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
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            All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

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            ScienceOpen disciplines: Social & Behavioral Sciences

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