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I don't have numbers at my fingertips. That said: Less developed countries seem to be growing faster than developed ones. That said, while gratifying huge numb
by CurtMonash 14y ago
I don't have numbers at my fingertips. That said:
Less developed countries seem to be growing faster than developed ones. That said, while gratifying huge numbers of people in China, India and smaller countries are moving up in the middle class, they're leaving many of their poorer countrypeople behind.
(Also, beware of any attempt to present the numbers so simply that commodity price swings are allowed to have a major influence.)