英语翻译By one measure,2005 was the first year since 1820 that t

英语翻译
By one measure,2005 was the first year since 1820 that the majority of world GDP was produced in developing countries,the Economist reported in a "fascinating" --for us here at IFC,that is-- article on whether we are living in "A New Emerging Markets Era".Of course,we were mostly proud that the article mentioned that it was IFC that coined the term "emerging markets" about 20 years ago now.The mention was even more of a thrill given that we're celebrating our 50th anniversary this year.But we digress.
The real issue here is that emerging markets appear to be finally fulfilling their potential and coming into their own,as IFC predicted.However,IFC would hasten to add --as did the Economist-- that challenges remain and now is NOT the time for complacency.Challenges to business and entrepreneurship remain,reforms still need to be undertaken,financial systems to ensure small and medium-sized business access to credit are necessary in many countries,and the list goes on.