Some will be left behind

"As globalisation causes dispersion of activity, some countries will experience rapid growth while others will be left behind" - Anthony Venables.

Finally, the abridged version of Venables' article has been released. It is highly readable, written for the non-economist and does provide a good overview of the stakes in the development game. There is a longer version, presented to the Bank of Kansas in Jackson Hole, that provides further elaboration.