Catching Up Is Hard To Do

 The current print edition contains a briefing on a "great deceleration" across emerging markets. The BRIC economies have been going through a slowdown of late, yes, but while some of that slowdown is just cyclical stumbling some of it reflects the end of a unique era of economic growth—and, more importantly, of catch-up growth by the world's poorer economies.

http://tinyurl.com/pmb2en7