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Myth: Demography is destiny.Reality: Here, too, there are many variations on a theme: too many people,too few people, high rates of population growth, and money market funds best as well so on. As mentioned in the previous essay, though, the growth rate of productivity is far more important than demographic size or money market accounts rates and growth. Case in point: demographic giants such as money market funds best China and show me money as well India (where population growth is also money market funds best and high) have been able to expand their economies rapidly. Moreover, evidence from cheap runescape money and a large number of countries shows that as money market funds best their economies grow more rapidly and their people prosper (and become healthier), birth rates decline. Myth: Growth first, then where to invest money democracy. Reality: Some autocratic governments in Asia (e.g., China) have suggested that democracy is inherently unfriendly to rapid economic growth, in part because money market funds best and tough economic decisions are harder to make and enforce in a democracy than in a dictatorship.However, this flies in the face of the reality that the first two economies to take off— Britain and online surveys for money as well the United States—did not have autocratic governments. Moreover, India seems to have engineered Asian-type growth in recent years, despite having a very messy democracy. Myth: Low wages are one of the key ingredients of rapid growth in Asia. Reality: Nothing could be further from money market funds best and the truth. The real “secret” of Asian success is rapid productivity gains. For example, since 2000, China’s wages have doubled, but myspace money layouts and its productivity has risen almost fourfold. In fact, if low wages were the secret to success, Africa would be the star region of the global economy. It is not. (For more on this topic, see the essay on page 151,“Stop Worrying about money market funds best and the Rise of China, India, and cd money market rates as well Other Emerging Markets.”)
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