But the bigger question faced by all developing economies is, whether “export-market” or “domestic-market” led, it is still possible to follow the traditional growth strategy. To analysts like Richard Heinberg, the intersection of the financial collapse, economic stagnation, global warming, the steady depletion of fossil fuel reserves, and agriculture reaching its limits is a fatal one. It represents a far more profound crisis than a temporary setback on the road to growth. It portends not simply the end of a paradigm of global growth driven by the demand of the center economies. It means the “end of growth” as we know it. It is, in short, the Malthusian trap, though Heinberg understandably avoids using the term