Purchase
Penguin
December 2011
On Sale: December 8, 2011
256 pages ISBN: 1591844819 EAN: 9781591844815 Hardcover
Add to Wish List
Non-Fiction
In 2001, Jim O'Neill predicted the fastest growing economies
of the past decade. Now he's back to explore the new growth
markets we should all be watching closely today. It's been ten years since Jim O'Neill conceived of the BRIC
acronym. He and his team made a startling prediction: Four
developing nations- Brazil, Russia, India, and China (the
BRICs)-would overtake the six largest Western economies
within forty years. The BRIC analysis permanently changed
the world of global investing, and its accuracy has stood
the test of time. The Growth Map features O'Neill's personal account of the
BRIC phenomenon, how it has evolved, and where those four
key nations currently stand after a turbulent decade. And
the book also offers an equally bold prediction about the
"Next Eleven" countries: Bangladesh, Egypt, Indonesia, Iran,
Mexico, Nigeria, Pakistan, Philippines, South Korea, Turkey,
and Vietnam. These developing nations may not seem
exceptional today, but they offer exciting opportunities for
investors over the next decade, just as BRIC did before them. O'Neill also shares several compelling insights about the
world economy. He reveals the value for growing countries in
being "willing to play" by meaningfully committing to
policies that encourage further growth and engagement with
globalization. He explains how the g20 can adjust to better
incorporate the BRICs and to better reflect the balance of
the global economy. Finally, O'Neill makes the counterintuitive claim that good
things can quite often come from crises. While established
economic powers may see the rise of the BRICs as a threat,
international trade benefits us all over the long term.
Likewise, the recent financial crisis revealed deep problems
in our economic systems, problems we now have the
opportunity to fix.
Comments
No comments posted.
Registered users may leave comments.
Log in or register now!
|