The ongoing industrial revolutions in China and India are the most extraordinary, hopeful, and exciting things happening in the world economy today. Moreover, the future for both countries looks relatively bright: odds are economic success will continue.
Penn World Table 6.2: http://pwt.econ.upenn.edu/php_site/pwt_index.php
Martin Wolf: In this brave new world, Chindia's uneven rise continues: http://www.ft.com/cms/s/1bbe1d5c-d711-11db-b9d7-000b5df10621.html
