At the same time, demand is rising with living standards in fast-growing countries.

Saudi Arabia is one of only a few fast-growing countries in the world with a relatively high per capita income of $24,200 (2010).

"German companies are competitive and well-positioned in the fast-growing developing countries," Fichtner said.

The 100-page report also says that an extra hub airport would radically increase foreign direct investment into Britain from fast-growing developing countries.

He prefers larger companies, and stocks in the developed world that are profiting from the growth in fast-growing developing countries.

China and other fast-growing developing countries are demanding a bigger say in the aging institutions that superintend the world economy.

The effect within these fast-growing countries has been profound.

Behind the liberalization are pressures, arising from economic development and increasing education, that parallel those in other fast-growing Asian countries.

The surplus with fast-growing countries in southern and eastern Asia grew about 33 percent, to $37.4 billion.

Its focus is a drive supported by the Bush administration to reduce the European voting share in favor of China and other fast-growing countries.