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Part 3 of trilogy: Hitting a BRIC Wall

First published: The Globalist, 03/05/2013

In the last of a three-part Globalist Analysis on the eventual slowing of fast-growing economies, George Magnus argues that emerging economies will stall on a development plateau until they switch to more advanced economic models. If a nation does not shift from basic mobilization models, it remains stuck in the wrong gear for a new terrain. How can a stalled emerging economy break out?….more