The advanced economies accounted for two thirds of the world economy as recently as 2000. Today, the emerging economies account for just over one half of the global economy, and will hit two thirds by 2016.Projections for 2011-2016: GDP Growth in emerging market and developing economies will be 5.8% vs. 1.5% in advanced economies. Of the 4.2% projected growth in GDP worldwide, emerging markets will account for 86% (3.6% growth on their own).

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