Friday, June 25, 2010

Poorer Countries Taking Over Global Economy

This doesn’t imply that wealthy countries (like the US) are getting poorer, but that poorer countries are getting richer.  If you care at all about the world’s poor, this is a wonderful thing.


(Graph from OECD via Economix)

1 comment:

thinking said...

This is a great development but it also means that the "wealthy" countries like the US will see their relative influence in the world diminish.

The US is going to have to learn to use "soft power" more and more, and diplomacy will be even more crucial.