Breakout Nations: In Pursuit of the Next Economic Miracles Book + PRICE WATCH * Amazon pricing is not included in price watch

Breakout Nations: In Pursuit of the Next Economic Miracles Book

Paperback. Pub Date :2013-04-01 Pages: 336 Language: English Publisher: Penguin Books 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 ...Read More

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  • Foyles

    The argument of BREAKOUT NATIONS is that the astonishingly rapid growth over the last decade of the world's celebrated emerging markets is coming to an end. China, in particular, will soon slow, but its place will not necessarily be taken by Brazil, Russia or India, all of which Ruchir Sharma shows have weaknesses and difficulties often overlooked in the inflated expectations and emerging markets mania of the past decade. The new 'breakout nations' will probably spring from the margins - even from the shadows. Sharma identifies which they are most likely to be, and why.Sharma, head of one of the world's leading emerging market funds, has spent two decades travelling the globe to find out what is happening on the ground in developing countries. With this first-hand knowledge, he takes his readers on a tour of two dozen of the world's most interesting economies, introducing the critical players and describing and analysing the forces - many unique to each nation - which will make the successes and flops of the future.

  • 0241957818
  • 9780241957813
  • Ruchir Sharma
  • 8 April 2013
  • Penguin
  • Paperback (Book)
  • 336
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