Despite the ongoing economic crisis in Europe and the United States, the developing world has sustained rapid economic growth. While the International Monetary Fund forecasts that the advanced economies will grow by just 1.5% in 2013, developing-country growth is projected to reach 5.6%. Asia’s developing economies, now the world’s pacesetters, are expected to grow by 7.2%, with output in Sub-Saharan Africa set to rise by a healthy 5.7%.
—Jeffery D. Sachs
This quote was taking from the article tiled Writing the Future. Take a look. Its worth the read!