Breakout Nations: In Pursuit of the Next Economic Miracles

Author: Ruchir Sharma
Publisher: W. W. Norton & Company
ISBN: 0393083837
Category : Business & Economics
Languages : en
Pages : 359

Book Description
International Bestseller One of Foreign Policy's "21 Books to Read in 2012" A Publishers Weekly Top 10 Business Book “The best book on global economic trends I’ve read in a while.”—Fareed Zakaria, CNN GPS 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. After years of rapid growth, the most celebrated emerging markets—Brazil, Russia, India, and China—are about to slow down. Which countries will rise to challenge them? In his best-selling book, writer and investor Ruchir Sharma identifies which countries are most likely to leap ahead and why, drawing insights from time spent on the ground and detailed demographic, political, and economic analysis. With a new chapter on America’s future economic prospects, Breakout Nations offers a captivating picture of the shifting balance of global economic power among emerging nations and the West.

Breakout Nations

Author: Ruchir Sharma
Publisher: Penguin UK
ISBN: 0141973293
Category : Business & Economics
Languages : en
Pages : 361

Book Description
'The old rule of forecasting was to make as many forecasts as possible and publicise the ones you got right. The new rule is to forecast so far in the future, no one will know you got it wrong.' Ruchir Sharma does neither. In Breakout Nations he shows why the economic 'mania' of the twenty-first century, with its unshakeable faith in the power of emerging markets - especially China - to continue growing at the astoundingly rapid and uniform pace of the last decade, is wrong. The next economic success stories will not be where we think they are. In this provocative new book, Sharma analyses why the basic laws of economic gravity (such as the law of large numbers, which says that the richer you are the harder it is to grow your wealth at a rapid pace) are already pulling China, Russia, Brazil and other vast emerging markets back to earth. To understand which nations will thrive and which will falter in a world reshaped by slower growth, it is time to start looking at the emerging markets as individual cases. Sharma argues that we must abandon our current obsession with global macro trends and the fad for all-embracing theories. He offers instead a more discerning, nuanced view, identifying specific factors - economic, political, social - which will make for slow or fast growth. Spending much of his professional life travelling in these countries as Head of Emerging Markets at Morgan Stanley, Sharma is uniquely placed to present a first-hand insider's account of these new markets and the changes they are undergoing. As the years of unbelievably swift growth draw to their close, this book shows us how it is time for both investors and economists to halt their blind thrust towards an impossible future.

Breakout Nations

Author: Ruchir Sharma
Publisher: Penguin UK
ISBN: 1846145562
Category : Business & Economics
Languages : en
Pages : 334

Book Description
Discusses how the global economy will be shaped in the future by focusing on Nigeria, Indonesia, and Poland instead of the superstars of the last decade, China, Russia, and Brazil.

Breakout Nations: In Pursuit of the Next Economic Miracles

Author: Ruchir Sharma
Publisher: W. W. Norton & Company
ISBN: 0393080269
Category : Business & Economics
Languages : en
Pages : 305

The 10 Rules of Successful Nations

Author: Ruchir Sharma
Publisher: W. W. Norton & Company
ISBN: 0393651959
Category : Business & Economics
Languages : en
Pages : 256

Book Description
The 10 Rules of Successful Nations offers a pithy guide to real-world economics, adapted from the New York Times bestseller The Rise and Fall of Nations. A wake-up call to economists who failed to foresee every recent crisis, including the cataclysm of 2008, The 10 Rules of Successful Nations is a slim primer full of pioneering insights on the political, economic, and social habits of successful nations. Distilled from Sharma’s quarter century traveling the world as a writer and investor, his rules challenge conventional textbook thinking on what matters—and what doesn’t—for a strong economy. He shows why successful nations embrace robots and immigrants, prefer democratic leaders to autocrats, elect charismatic reformers over technocrats, and pay no mind to the debate about big versus small government. He explains why rising stock prices matter as much or more than food prices, which measure of debt is the best predictor of economic crises, and why no one number can accurately capture the value of a currency. He also demonstrates how a close reading of the Forbes billionaire lists can offer the clearest real-time warning of populist revolts against the wealthy. Updated with brand-new data, 10 Rules reimagines economics as a practical art, giving general readers as well as political and business leaders a quick guide to the most important forces that shape a nation’s future.

The Rise and Fall of Nations

Author: Ruchir Sharma
Publisher:
ISBN: 9780141980706
Category :
Languages : en
Pages : 480

Book Description
The crisis of 2008 ended the illusion of a golden era in which many people imagined that prosperity and political calm would continue to spread indefinitely. In a world now racked by slowing growth and mounting unrest, how can we discern which nations will thrive and which will fail? Shaped by prize-winning author Ruchir Sharma's twenty-five years travelling the world, The Rise and Fall of Nations rethinks economics as a practical art. By narrowing down the thousands of factors that can shape a country's future, it spells out ten clear rules for identifying the next big winners and losers in the global economy. Each rule looks at a nation's political, economic, and social conditions in real time to filter out the hype and noise. He shows, for example, how slow population growth is eroding economic growth, and ranks nations by how well they respond. He describes the way cycles of political complacency and revolt fuel economic booms and busts. Amid growing tensions over inequality, he demonstrates how billionaire lists yield clues to which economies are most or least threatened by extreme wealth. In a period when the world is struggling with trillions of dollars in new debt, he explains which nations are most likely to avert this threat or buckle under it. Sharma's rules are based on the data he has collected over many years at Morgan Stanley Investment Management in New York, where he is now Head of Emerging Markets and Chief Global Strategist. This is a book of original research, not mere opinion. The final chapter takes the reader on a surprising world tour of the likely winners and losers in the near future. The Rise and Fall of Nations is enlivened by Sharma's stories from the road and his encounters with presidents, tycoons, and villagers from Rio to Beijing. It is a pioneering field guide to understanding our impermanent world.

The Rise and Fall of Nations: Forces of Change in the Post-Crisis World

Author: Ruchir Sharma
Publisher: W. W. Norton & Company
ISBN: 0393248909
Category : Political Science
Languages : en
Pages : 390

Book Description
International Bestseller "Quite simply the best guide to the global economy today." —Fareed Zakaria Shaped by his twenty-five years traveling the world, and enlivened by encounters with villagers from Rio to Beijing, tycoons, and presidents, Ruchir Sharma’s The Rise and Fall of Nations rethinks the "dismal science" of economics as a practical art. Narrowing the thousands of factors that can shape a country’s fortunes to ten clear rules, Sharma explains how to spot political, economic, and social changes in real time. He shows how to read political headlines, black markets, the price of onions, and billionaire rankings as signals of booms, busts, and protests. Set in a post-crisis age that has turned the world upside down, replacing fast growth with slow growth and political calm with revolt, Sharma’s pioneering book is an entertaining field guide to understanding change in this era or any era.

The Cultural Wealth of Nations

Author: Nina Bandelj
Publisher: Stanford University Press
ISBN: 0804780722
Category : Social Science
Languages : en
Pages : 296

Book Description
Symbolic resources affect social, cultural, and economic development. The value of being "Made in America" or "Made in Italy," for example, depends not only on the material advantages each place offers but also on the symbolic resources embedded in those places of production. Drawing on case studies that range from the vineyards of South Africa and the textiles of Thailand to the Mundo Maya in Latin America and tourist destinations in Tuscany, this volume examines the various forms that cultural wealth takes, the processes involved in its construction, and the ways it is deployed. Leading scholars from a range of disciplinary backgrounds examine how symbolic resources and cultural understandings help firms and regions develop. Through a thoughtful analysis of current- day cases, as well as historical developments, The Cultural Wealth of Nations offers an exciting new alternative to standard economic explanations about the wealth and poverty of nations.

Break Out!

Author: Joel Osteen
Publisher: FaithWords
ISBN: 0892969733
Category : Religion
Languages : en
Pages : 260

Book Description
Rise above your greatest trials and discover the power of God's greatness with five simple strategies -- and step into the blessings of your life. We were not created to live average, unrewarding, or unfulfilling lives. God created us to leave our marks on our generations. Every person has seeds of greatness planted within by the Creator. When life weighs upon us, pushes us down, and limits our thinking, we have what it takes to overcome and rise above into the fullness of our destinies. In this dynamic, inspiring and faith-building new book, New York Times bestselling author Joel Osteen provides practical steps and encouragement for creating a life without limitations. This book will help you break out and break free so that you can increase your productivity, improve your relationships, and believe in bigger dreams. Here's how you can move beyond barriers: Dare to believe that the best will happen Adopt an irrepressible "break out" attitude Make room for increase Pray bold prayers Follow God's plan beyond your circumstances Filled with faith and inspiration, Break Out! will challenge you to build a new perspective, let nothing hold you back, and reject any limiting labels. Pastor Osteen will inspire you to see that a life-changing attitude begins in your own mind: "When you break through in your mind, believing you can rise higher and overcome obstacles, then God will unleash the power within that will enable you to go beyond the ordinary into the extraordinary life you were designed to live."

Breakout

Author: Martin Russ
Publisher: Penguin Books
ISBN:
Category : History
Languages : en
Pages : 476

Book Description
"Breakout" is the riveting saga of one of the most heroic campaigns in American military history, masterfully told by the author of "The Last Parallel." It is the gripping story of the 1950 campaign of American Marines as they faced sudden death in the Korean hills. of photos.