The Changing of the Global Economic Guard by Edward Luce
https://www.theatlantic.com/international/archive/2017/04/china-economy-populism/523989/A World Turned Inside Out by Stephen S. Roach
Yale economist Stephen Roach notes:
“…persistent
divergence between developed and developing economies has now reached a
critical point. From 1980 to 2007, the advanced economies accounted for an
average of 59% of world GDP (measured in terms of purchasing power parity),
whereas the combined share of developing and emerging economies was 41%. That
was then. According to the IMF’s latest forecast, those shares will completely
reverse by 2018: 41% for the advanced economies and 59% for the developing
world.
The pendulum of
world economic growth has swung dramatically from the so-called advanced
countries to the emerging and developing economies”.
Global Growth Hotspots - Rapidly Growth Cities in Emerging Markets
https://www.bloomberg.com/news/articles/2017-04-29/the-global-growth-hotspots-of-the-future-are-here
Global Growth Hotspots - Rapidly Growth Cities in Emerging Markets
https://www.bloomberg.com/news/articles/2017-04-29/the-global-growth-hotspots-of-the-future-are-here
Related:
Kishore Mahbubani (Dean of the Lee Kuan Yew School of
Public Policy at the National University of Singapore) on the rising
significance of ASEAN:
http://www.straitstimes.com/opinion/my-new-love-south-east-asia