How the convergence of economic systems toward the most market-oriented capitalist structures will fare if world long-term economic growth trends revert to historic norms is an intriguing question.
Also remarkable is that capital flows from rich countries to developing countries relative to total capital are far smaller than they were in the first age of globalization, during the late nineteenth and early twentieth centuries. By 1914, about half of the stock of capital in Argentina was supplied by rich foreign countries, particularly the United Kingdom.