On the contrary, it is a natural stage of economic development.

ECONOMIST: Manufacturing employment

China is in the stage of its economic development where it needs, and wants, to increase domestic demand for its products, and move away from dependence on exports.

FORBES: China Is The 800-Pound Inflation Gorilla Across The Globe

Before we answer this, one needs to revisit the American Economic Historian W.W. Rostow who in the sixties had suggested that countries passed through 5 stages of economic development as Traditional Society, Transitional Stage, Take-off, Drive to Maturity and High Mass Consumption.

FORBES: India Likely To Replace Japan As World's Third Largest Economy

"It's quite remarkable to me that people are assuming that somehow we're at a new stage in political or institutional or economic development in Mexico, " said John Ackerman, a law professor at the National Autonomous University of Mexico and a visiting scholar at American University in Washington.

NPR: Mexico's President Gathers Power, Pushes Reform

With only a weak electoral mandate, the Prime Minister will have to use his personal popularity and all his skills to forge consensus for the next stage in Malaysia's political and economic development.

WSJ: Review & Outlook: Malaysia's Road to Democracy

Moreover, the remarkable development of the U.S. capital markets during this period set the stage for the economic prosperity and surge in technological innovation that occurred in the 1990s.

FORBES: New Sources of Capital in China

Michael Porter, a Harvard professor who has become the region's economic guru, peddles the comforting notion that Central America may be able to by-pass the sweatshop stage of development and leap quickly from poverty to northern standards of productivity, social protection and environmental sensitivity.

ECONOMIST: Central America opens for business