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Breakout Nations : In Pursuit of the Next Economic Miracles

Ruchir Sharma

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Breakout Nations : In Pursuit of the Next Economic Miracles

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Distinctive appeal: Spotting economic success stories for the future.

Recommendation: - This book is a fascinating exploration into the shifting balance of global economic power, revealing surprising insights and rules for identifying emerging nations that are poised for success. It provides a captivating education for anyone interested in understanding where the future of the global economy is headed. The book's most unique feature is its ability to uncover unexpected connections between seemingly unrelated economic indicators, offering readers a fresh perspective on the world of finance.

  • Financial Times Business Book of the Year Nominee for Longlist (2012)
Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
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Breakout Nations : In Pursuit of the Next Economic Miracles

Regular price Save up to 43%
Unit price
per
Condition guide
ISBN: 9780393080261
Author: Ruchir Sharma
Date of Publication: 2012-04-09
Format: Hardcover
Related Collections: Politics, Business, Economics, History
Related Topics: History, Finance, Finance, Politics
Goodreads rating: 4.04
(rated by 2758 readers)

Description

To identify the economic stars of the future we should abandon the habit of extrapolating from the recent past and lumping wildly diverse countries together. We need to remember that sustained economic success is a rare phenomenon.As an era of easy money and easy growth comes to a close, China in particular will cool down. Other major players including Brazil, Russia, and India face their own daunting challenges and inflated expectations. The new "breakout nations" will probably spring from the margins, even from the shadows. Ruchir Sharma, one of the world’s largest investors in emerging markets for Morgan Stanley, here identifies which are most likely to leap ahead and why.After two decades spent traveling the globe tracking the progress of developing countries, Sharma has produced a book full of surprises: why the overpriced cocktails in Rio are a sign of revival in Detroit; how the threat of the "population bomb" came to be seen as a competitive advantage; how an industrial revolution in Asia is redefining what manufacturing can do for a modern economy; and how the coming shakeout in the big emerging markets could shift the spotlight back to the West, especially American technology and German manufacturing.What emerges is a clear picture of the shifting balance of global economic power and how it plays out for emerging nations and for the West. In a captivating exploration studded with vignettes, Sharma reveals his rules on how to spot economic success stories. Breakout Nations is a rollicking education for anyone looking to understand where the future will happen.
 

Distinctive appeal: Spotting economic success stories for the future.

Recommendation: - This book is a fascinating exploration into the shifting balance of global economic power, revealing surprising insights and rules for identifying emerging nations that are poised for success. It provides a captivating education for anyone interested in understanding where the future of the global economy is headed. The book's most unique feature is its ability to uncover unexpected connections between seemingly unrelated economic indicators, offering readers a fresh perspective on the world of finance.

  • Financial Times Business Book of the Year Nominee for Longlist (2012)
Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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