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is the point in history in which the emerging economies are becoming systemically important and that has all kinds of implications.The way I framed the book is I went back with the help of Angus Maddison who's the best known economic historian and way, way back to the year 1,000. And if you do that, whatyou notice is that for about eight centuries there was almost no growth in the world. Countries were rather similar; most of the people were poor and lived in agricultural environments
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