In From Third World to World Class, Peter Marber argues that global economic integration and the emergence of new players in such regions as Latin America, Africa, Asia, and the former Soviet Union create a dynamic process of wealth generation, in which all nations benefit mutually from each other's development. Citing the most current data, Marber demonstrates that by all significant measures - from production output to life expectancy to government bond ratings - conditions in developing nations are improving, transforming them into emerging markets with tremendous growth potential, driven in large part by the diffusion of information and communications technologies.

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