World output is expected to hover above 4 percent in 2010 and 2011, but the main drivers of growth won't be the developed world we've come to know. The new global juggernauts will be China, Brazil, and India. A whole new world, indeed.

Please note that Germany, every Europhile's favorite country, has a lower 2011 growth projection than the United States. That might have something to do with the fact that its main export market in Europe -- including the UK, France, Italy and Spain -- is expected to barely grow a percent.

chart world growth.png


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