Asia's great deceleration
08 September 2013
Asia is undergoing a "great deceleration" in economic growth. It is not the beginning of a bust, argues the Economist magazine on 27 July, but a turning point for the world economy.
Looking ahead, Asia will continue to grow in economic importance, but at a slower rate than in the past. The most dramatic, and disruptive, period of emerging-market growth the world has ever seen is coming to its close.
And as reported in the New York Times of September 7, now it's the developed nations' turn to grow.