But as the economy develops, U.S.-style compensation packages are spreading.

FORBES: Capitalism is contagious

The UNESCO Chair develops the political economy of education comparatively within the context of international development objectives.

UNESCO: Chairs and UNITWIN Networks

It is normal for bank lending to grow a bit faster than GDP in an emerging economy as the financial sector develops, but credit is outpacing GDP by an alarming margin in Argentina, Brazil, Hong Kong and Turkey.

ECONOMIST: Economics focus

"As China develops and grows their economy, there's a burgeoning middle class and they want to travel, " Goode said.

WSJ: Asian firm buys site of stalled Vegas Strip casino

America cannot grow its economy or build up its military to meet current and future threats unless it develops resources for energy independence.

CENTERFORSECURITYPOLICY: Energy Independence Now