As is typical of post-war periods of peace and prosperity, when the leading power isn’t threatened and emerging countries aren’t yet threatening, emerging countries can learn a lot from the leading powers as they work together in a symbiotic way, until the emerging power becomes powerful enough to threaten the leading power. In addition to benefiting from the learning, they benefit from trading with each other (until that becomes disadvantageous), and they benefit from using the capital markets to their mutual benefit (until that becomes disadvantageous).
