Budget Speech by Minister of Finance. [Government of Gujarat]. URL:[http://financedepartment.gujarat.gov.in/budget12_13_pdf/FM_Speech_English_Part_A_Final.pdf].

This paper attempts to analyse the economic implications of the rise of China, India, Brazil and South Africa, for developing countries situated in the wider context of the world economy. It examines the possible impact of their rapid growth on industrialized countries and developing countries,...