| Summary/Abstract |
News that might radically change the habitual picture of the global economy and attract everyone's attention does not happen often now. Fundamental changes usually take decades to materialize. One such example was the emergence of new leaders-China, India, and Brazil-in the world economy at the turn of the century. However, the year 2015 was marked by events whose effect on the global economy and trade will most likely be significantly felt in the next few years.
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