The inexorable cycle of time keeps affecting the fortunes of nations at periodic intervals. Fluctuating fortunes of nations are closely linked with political history, geography, discoveries and inventions, battles, environment, and other connected factors.

The present world economic order is considered to have commenced in 1945, when the US and its capitalist allies quickly designated themselves as “developed economies”.

For World Economies, Is it Time to Replace Developed, Developing with ‘Disintegrating’ & ‘Galloping’? News18 comes via ChinaTechNews.com.