The Economic Story of the 2000’s: Emerging Markets
I find the graph below stunning. It says so much about how the world has changed in the past decade.
The economic story has clearly been in the developing countries and the consequences of this growth is going to ripple into other aspects of our international relations as well. Witness the G8 giving birth to the G20.
I’m not one for crystal balls, but it seems almost inevitable that many of our international institutions are going to have to change to reflect these shifts in power.