By Jim Lindsay
Not depressed yet by all the bad economic news coming out this week? Check out the chart to the right on the change in the relative share of the world economy generated by emerging countries compared to developed countries.
What was the song that Bob Dylan sang? “A Change Is Gonna Come.”
We talk a lot about how globalization is remaking the world.
Is Washington prepared to adapt to a new world? Or will we just rail against it?
Source: The Economist.