Will the "Theory of Convergence" prevail?

In order to understand where we might go one must understand the philosopy that drives the system. Economic growth........How and why does it occur? The dog wants you "the reader" to contemplate this question (more from the dog will come soon on this very issue). Also, read up on what the U.S. Congress just approved, how that will effect the IMF, and think about the possibility of the "Catch-up effect" working. Here is the article:

http://www.imf.org/external/pubs/ft/survey/so/2009/NEW061809A.htm

Tell us what you think.......................