"This has not been a good recovery for the wealthy countries. Growth has lagged, in part, because government spending has been far more restrained than in past recoveries from major recessions. But developing economies have been free to increase government spending, and their economies are generally growing more rapidly than they did after past recessions. The accompanying charts, based on data released this week by the International Monetary Fund in the semiannual World Economic Outlook, show the stark differences in performance." (Quoted from article)