-Titulo Original : Breakout Nations In Pursuit Of The Next Economic Miracles
-Fabricante :
W. W. Norton & Company
-Descripcion Original:
International Bestseller One of Foreign Policys 21 Books to Read in 2012 A Publishers Weekly Top 10 Business Book After a decade of rapid growth, the world’s most celebrated emerging markets are poised to slow down. Which countries will rise to challenge them?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. 12 photographs Review The head of Morgan Stanley’s emerging markets division conducts a brisk worldwide tour in search of new markets ready for takeoff. No first-book jitters for Sharma, longtime columnist for the likes of Newsweek and the Wall Street Journal. His smooth, almost chummy style suits him ideally for guiding civilians through the sometimes-arcane thicket of the dismal science, looking for those emerging markets likely to disappoint or exceed expectations in the coming years... Confining his predictions to the near future, Sharma refreshingly comes across as that rare thing Harry Truman once sought: a one-handed economist willing to stake his reputation without resort to “on the other hand” equivocation. For investors looking to place their bets and for general readers looking to understand the global economic landscape in the wake of the Great Recession. Kirkus ReviewsBreakout Nations works best as a compilation of highly illuminating country vignettes similar, say, to Michael Lewis Boomerang... As with Mr. Lewis work on the European crisis, for sheer readability and insight on the various parts of the ongoing developing world drama, I dare say you wont find a better choice. Jonathan Anderson, Wall Street JournalBreakout Nations is basically an investors lonely planet guide to the world for the new century. Bloomberg On the Economy[A] country-by-country tour de force of what makes emerging markets tick. He is an excellent writer with a keen eye for detail and a lyrical prose sense... As with Michael Lewis’ Boomerang on the European crisis, for sheer readability and insight on the various parts of the ongoing emerging drama I daresay you won’t find a better choice. Jon Anderson, Wall Street JournalThis week’s Book of the Week is, Breakout Nations by Ruchir Sharma, one of the world’s leading emerging market investors. This is the best book on global economic trends I’ve read in a while. Fareed Zakaria, CNN GPSMr. Sharma’s intent is to help you find the best places around the world to invest, emphasizing that it will take some work
-Fabricante :
W. W. Norton & Company
-Descripcion Original:
International Bestseller One of Foreign Policys 21 Books to Read in 2012 A Publishers Weekly Top 10 Business Book After a decade of rapid growth, the world’s most celebrated emerging markets are poised to slow down. Which countries will rise to challenge them?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. 12 photographs Review The head of Morgan Stanley’s emerging markets division conducts a brisk worldwide tour in search of new markets ready for takeoff. No first-book jitters for Sharma, longtime columnist for the likes of Newsweek and the Wall Street Journal. His smooth, almost chummy style suits him ideally for guiding civilians through the sometimes-arcane thicket of the dismal science, looking for those emerging markets likely to disappoint or exceed expectations in the coming years... Confining his predictions to the near future, Sharma refreshingly comes across as that rare thing Harry Truman once sought: a one-handed economist willing to stake his reputation without resort to “on the other hand” equivocation. For investors looking to place their bets and for general readers looking to understand the global economic landscape in the wake of the Great Recession. Kirkus ReviewsBreakout Nations works best as a compilation of highly illuminating country vignettes similar, say, to Michael Lewis Boomerang... As with Mr. Lewis work on the European crisis, for sheer readability and insight on the various parts of the ongoing developing world drama, I dare say you wont find a better choice. Jonathan Anderson, Wall Street JournalBreakout Nations is basically an investors lonely planet guide to the world for the new century. Bloomberg On the Economy[A] country-by-country tour de force of what makes emerging markets tick. He is an excellent writer with a keen eye for detail and a lyrical prose sense... As with Michael Lewis’ Boomerang on the European crisis, for sheer readability and insight on the various parts of the ongoing emerging drama I daresay you won’t find a better choice. Jon Anderson, Wall Street JournalThis week’s Book of the Week is, Breakout Nations by Ruchir Sharma, one of the world’s leading emerging market investors. This is the best book on global economic trends I’ve read in a while. Fareed Zakaria, CNN GPSMr. Sharma’s intent is to help you find the best places around the world to invest, emphasizing that it will take some work


