ABSTRACT
This chapter begins with the notion of international 'emergence' and begins with its politico-economic criteria. It focuses on the symbolic fundamentals of 'emergence', particularly linked to the notions of 'development' and 'poverty'. The chapter discusses the context of deepening ties between emerging powers and their southern partners. Emerging economies would have been 'successful' in the modern liberal world order, as they were products of liberal structural adjustments and evidence of the combination of rapid growth, increased globalised markets, and consolidated 'institutional know-how'. China's growth slowdown after 2013 has resulted in a sharp drop in global prices for these commodities, and in emerging economies feeling the impacts of such specialisation. The historical perceptions of subalternity and inequality of status have been reflected in diplomatic efforts that sought to claim recognition and sovereignty. These economic and political challenges contributed to roll back some of the results that have been achieved in poverty and inequalities reduction.
