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By 2025, six major emerging economies--Brazil, China, India, Indonesia, South Korea, and Russia--will account for more than half of all global growth, and the international monetary system will no longer be dominated by a single currency. As economic power shifts, these successful economies will...
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"Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their … competitive position. Using data on firms in 27 transition economies, the authors test for the effects of globalization through …
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