Implied but not stated directly is that because vast reduction in disease and proportionate increase in life expectancy people are having fewer children so that the small resources people have don't have to be divided into smaller slices but rather into larger slices.
Globalization, the boogeyperson of lots of people, has allowed some income redistribution to the developing world -has the developed world not globalized, it's not a given that had the developed world hoarded their industry and jobs the poor countries would have done as relatively well as they have.
It's also surprising to not see much comment on the interesting phenomenon where countries which had relatively good economies in the early 20th century (Mexico, Argentina, etc) went way down hill after WWii, partly severe corruption and simple non-investment due to antiquated policies and emphasis on natural resources rather than technologies.
Nit pick: This is not about income redistribution to the developing world. The poor of the world has simply become more productive and generated more of their own income.
Right, but would the hundreds of millions of destitute subsistence farmers of China have become more secure without the foreign investment and "job shipping" of developed countries like Japan, North Am and Europe?
Would Africa be emerging as much without the Chinese foreign investment?
How does India plan on getting its poor on better standing other than inviting firms from developed countries to invest in Indian manufacturing with the lure of lower labor costs --even syphoning jobs off from China now that China's workforce has become more expensive as they have become a rich country (the second largest economy in the world).
Globalization, the boogeyperson of lots of people, has allowed some income redistribution to the developing world -has the developed world not globalized, it's not a given that had the developed world hoarded their industry and jobs the poor countries would have done as relatively well as they have.
It's also surprising to not see much comment on the interesting phenomenon where countries which had relatively good economies in the early 20th century (Mexico, Argentina, etc) went way down hill after WWii, partly severe corruption and simple non-investment due to antiquated policies and emphasis on natural resources rather than technologies.