The Rise of Developing Nations in 10 Charts
Investors are reminded almost daily that the world is changingthat the post-war era of U.S.-led economic growth is becoming a thing of the past. While the U.S. economy remains one of the most dynamic and resilient in the world, the collective economic might of the developing nationswith China at the forefrontcontinues to grow and expand on both an absolute and a relative basis.
To put this phenomenon into perspective, here are ten charts that provide a vivid but simple snapshot of a world in dramatic flux.
Source: Joseph P. Quinlan, chief market strategist of U.S. Trust , Bank of America