by Peter Zeihan on April 11, 2023 |
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The advanced developing world is about to have its moment. We’re talking about India, Turkey, Indonesia, Vietnam, and Brazil. These countries were a little late to the global scene, but now it’s their time to shine, hopefully… The path to globalization is well-traveled, but that doesn’t mean its obstacle-free. These countries will have to work hard to balance their shifting demographics with changes to their economic structures and movement along the value-add chain. For a country like Brazil, their current trajectory could very likely send them into a crippling demographic situation with no way to pull themselves out. If a country like Turkey continues to move up the value-add chain steadily, I could see them flourishing in the coming years. These countries are not facing a terminal demographic situation quite yet, but if history has taught us anything…now is the time for them to reconcile their declining demographics and prepare for what comes next. |
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Categories: Demographics, Economics/Class Relations, Geopolitics