Hitting a BRIC Wall (The Globalist)

03.05.2013 06:08

www.theglobalist.com/StoryId.aspx?StoryId=9983

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?