While post-industrial economies stumble out of recession, some unlikely developing nations are poised for a period of 'catch-up' reminiscent of China's rapid industrialization.
This article titled “The west may be declining, but the rest of the world looks ready for a 40-year boom” was written by Heather Stewart, for The Observer on Saturday 30th April 2011 23.04 UTC
America’s recovery is petering out, the UK economy is flatlining and euroland’s crisis rolls on. There’s scant cause for optimism in the Old World. But outside the credit-crunched post-industrial countries, the next few years – and decades – could see the blossoming of a whole new group of super-economies.