Focus: Dash for cash | The Economist
▻http://www.economist.com/blogs/graphicdetail/2013/03/focus-6?fsrc=scn/fb/wl/bl/dashforcash
IN THE race to become rich, several of Asia’s economies have set records for long-run growth. Over the 30 years from 1982 to 2011 China achieved annual growth in GDP per person of nearly 10%.
In doing so it overtook Japan to become the world’s second-largest economy in 2010 and also graduated from lower to higher middle-income status, according to the World Bank’s classification system. All of the other economies in our chart that maintained 6% growth or faster over 30 years can now be classified as high-income. If China wants to join them, it will have to keep up the pace a bit longer. The OECD, in a new survey of China, reckons it might get there by 2020.