Mar 19, 2013
KINGSTON, Jamaica - For the last 200 years, the North — more specifically North America and Western Europe — dominated the world economy and was the engine of growth.
The Russian Revolution and its colonisation of Eastern Europe created the tripartite world of First (North), Second (Communist) and the South (colonies and poor independent developing countries).
That formation lasted until the Soviet Union imploded and Eastern Europe regained its independence, and thus the world reverted to North (developed countries) and South (developing or underdeveloped
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