Every region, every country has its strengths and weaknesses, but everybody needs reform retail, which is looking at infrastructure, education and governance and upgrading each one "so more of your people have the tools and legal framework to innovate and collaborate at the highest levels".Here is an interesting way of seeing the world as a group of neighborhoods:
Western Europe... assisted-living facility with aging population lavishly attended by Turkish nurses. U.S., a gated community with metal detector, people sitting in front yards, complaining how of lazy others are, with Mexican labor and other immigrants who make the community function. Latin America is the fun part of town, night-life, no new businesses (except for Chile) all reinvestment is made outside. Arab street is a dark alley, except for a few side-streets like Dubai; the only new businesses are gas stations. India, China and East Asia would be "the other side of the tracks"... a big teeming market, small shops, one-room factories, engineering colleges. Nobody sleeps in this neighbourhood and everyone wants to get to the "right side of the tracks". In the Chinese streets the roads are well paved, no potholes and there are working lights. The Indian roads are not so nice. Africa is where businesses are boarded up, life expectancy is declining, and the only new buildings are health-care clinics.
To thrive on this World, countries need to reform, but not just that, they have to keep on moving. If they just sit down, they are over-run by others. The clearest example is how China has taken the US Market from Mexico with respect to manufacturing and India with respect to services.
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