I mentioned in So how’s your course at Yale going? a “brilliant animated presentation in the lecture of global economic developments from the early 19th century to the present showing in just twelve seconds the fortunes of the major world states.” This will give you some idea:
Situation in 1800
Situation in 2007. The big blue one is India. Australia over the fold.
Place of Australia in Kevin07
Trajectory of Australia
Go and play with it yourself. Good, eh!