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In contrast to most studies of regionalism, Grugel and Hout focus on countries not currently at the core of the global economy, including Brazil and Mercosur, Chile, South East Asia, China, South Africa, the Maghreb, Turkey and Australia. What seems clear from this original analysis is that far from being peripheral, these countries are forming regional power blocs of their own, which could go on to hold the balance of power in the new world order.
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