Emerging markets are growing slower than developed markets, thus shifting the structure of the global economy.

Question

Quizplus · Accepted Answer

The growth experienced by developed economies in the first decade of the 2000s was anemic, while the growth in developing economies was robust. This trend is continuing, with emerging markets growing 4 percent faster than developed markets in 2011 and 2012. This has resulted in a dramatic shift in the structure of the global economy. As of 2013, over half the world output will come from emerging markets.

Emerging Markets Are Growing Slower Than Developed Markets, Thus Shifting