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How is China and the rest of the developing world going to take over from the West? Laurence Brahm, a long-time resident in China and adviser to the Chinese government, tells us how developing economies are building their own economic model, and rejecting West-dominated institutions like the IMF and World Bank.

We also here from the chief economist at the International Labour Organisation, Patrick Belser, about how jobs growth in developing countries is outstripping growth in developed nations. Finally our regular commentator James Srodes in Washington tells us that the recovery in the US jobs market is not all it appears, with many workers forced to take two or more part-time jobs to make ends meet.