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Even before the pandemic, developing countries struggled to sustain the high growth rates of a decade ago that had promised to catapult them into the economic big leagues. The coronavirus is making their path much rockier, potentially entrenching the divide between the world’s rich and poorer parts.
In the first decade of the 21st century, economic growth allowed some developing countries to gallop faster than wealthier nations in North America and Europe. It was the era of Brics, the acronym for the fast-growing markets of…
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