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[QUOTE]Originally posted by Bogle: [QB] Mexico is in [i]Americas[/i] and when I said Asia I was referring to the well known Asian Tigers and China not so much Turkey. In any event I don't think anyone will argue Asia (East Asia) is ahead of Africa in terms of economic development. However, in your rush to show "THE WORLD'S FASTEST GROWING ECONOMY" you fail to realize the distinction between growth and development. You can have impressive economic growth, especially if you have abundance of natural resources that are exploited by a local elite and MNCs, but the people can still be left out of that boom. In fact this was a feature of colonialism and it is a feature of neocolonialism today. I remember reading an article in [i]New African[/i] where Angola was growing at 10 or more a year, but few would argue that development is taking place. [/QB][/QUOTE]
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