Earlier quoted context omitted.
> Most countries not in the resource curse (and even many with it) have continued to grow. Britain has seen zero net economic growth since 2006 (that's before any inflation adjustment). That's true of most of developed Europe. France's GDP is not much higher than it was in 2007, without an inflation adjustment (in real terms they've seen at least 20% contraction, plausibly worse given the currency debasement that has…
Most of those are already developed countries and about half the rest are “resource curse” (Russia, Nigeria,etc) it had significant war (Egypt, Ukraine, etc). The reason why India is likely to grow a lot is they’re still doing catch-up growth, they’re not primary resource export driven, and they’re industrializing. Additionally, it seems to me that something important happened to the global economy right after 2007,…
With all due respect, as someone who has done work in developmental economics and macroeconomic finance, this is wrong. I’d encourage you to consider the literature. One never loses from a realistic view of the landscape.