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Developing world's rise heralds global shift, UN says

Partial view of Paraisopolis shantytown in Sao Paulo, Brazil, pictured on Novemeber 6, 2012. The developing world's rapid growth has sharply cut extreme poverty, created a new middle class and put the economies of Brazil, China and India on a path to overThe developing world's rapid growth has sharply cut extreme poverty, created a new middle class and put the economies of Brazil, China and India on a path to overtake the globe's wealthiest nations, the UN says.