Given the dramatic turn-around South Africa has experienced in the last few years, it would be appropriate for the World Bank to choose the southern African development community as a privatization model.
The simultaneous explosion of economic growth in still-authoritarian China and economic collapse in increasingly democratic Russia rekindles an old debate.
The idea of formally integrating the world's two largest economies-Japan and the United States-has been floated every two years or so, since the 1980s.