But downward pressure on wages in rich countries could continue for a long time.
All rich countries subsidise their film industries to some extent to protect them against the Americans.
Emerging markets grew almost three times as fast as rich countries between 2000 and 2007.
ECONOMIST: The face of global economic governance is changing
In many rich countries, and most poor ones, only the patchiest of records are kept.
This will encourage more investment in resource-rich countries and level the playing field for business.
Their scope is limited by the amount of tax revenues and donations from rich countries.
Indeed, student loans developed in rich countries as part of a program to rapidly expand access.
Such fears have prompted rich countries to demand tight restrictions on this sort of compulsory licensing.
Under today's Hong Kong declaration, rich countries will end export subsidies on cotton next year.
Instead, the G77 has asked for 0.5% to 1% of the rich countries' GDPs.
But rich countries already increasingly pay their way in the world by exporting services.
Employment in rich countries will have to shift towards higher skilled jobs to maintain economic growth.
In most other resource-rich countries, as prices rise governments take increasing cuts of the upside.
But rich countries will gain more than they lose from the enrichment of others.
ECONOMIST: The rich nations no longer dominate global production
Rich countries have progressed from simply relaxing their immigration laws to actively luring highly qualified people.
Such an innovation has the potential to defy gravity and flow uphill to rich countries.
The big exception is France, which has suffered far less than most other rich countries.
The need for equipping young people with skills is urgent in rich countries too.
Rich countries need to take the food problems as seriously as they take the credit crunch.
Rich countries just about manage to put up with the sufferings of poor countries now.
That may point to the industry's future in America, Britain and other rich countries.
He hopes that soon Spain will become a member of the G8 group of rich countries.
Rich countries are often accused of giving with one hand and taking with the other.
Market access continues to dominate discussions, with emerging economies pushing for cuts in rich countries' protections.
Immigration is unpopular in rich countries because people overestimate its costs and underestimate its benefits.
And rich countries are, moreover, less dependent on the stuff than they used to be.
For all their differences, tabloids in most rich countries have one common feature: shrinking circulation.
That in turn would help boost growth in these resource-rich countries in the region.
In the rich countries, most of these forces will be domestic rather than international.
Possibly, ageing natives in rich countries might do more of the jobs that they now shun.
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