Cartels are already diversifying, thanks to bullish gold market they are going full tilt on gold. "In Colombia and Peru gangs are now thought to make more money from gold than from the sale of narcotics."[1]
Typing whole novels is a bit too much for me, as I lose interest in 20 mins or a day or two at best, so short content like articles and blogs would be much better.
If you want the reasoning, this IMF paper[1] goes into the detail. Generally gist is development rate (like GDP) is high in developing country, so is the inflation
It's quite easy to see, the early growth is hard carried by export of manufacturing from China and services from India. Yes, you can say, this wouldn't be possible without Chinese government infrastructure and incentives push and Indian government early push for premiere education, but that would have been useless without customers that are global markets.
[Reddit AMA by u/WeeJeWel]:https://redd.it/1klz2kd