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Breakout Nations: In Pursuit of the Next Economic Miracles

Breakout Nations: In Pursuit of the Next Economic Miracles

by Ruchir Sharma

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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.

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Product Details

ISBN-13: 9780393083835
Publisher: Norton, W. W. & Company, Inc.
Publication date: 04/08/2013
Sold by: Barnes & Noble
Format: NOOK Book
Pages: 336
File size: 6 MB

About the Author

Ruchir Sharma penned the international bestseller Breakout Nations and is a contributing op-ed writer at the New York Times. His commentary has also appeared in the Wall Street Journal, the Financial Times, Foreign Affairs, and other publications. He is chief global strategist at Morgan Stanley Investment Management, based in New York.

Table of Contents

Prologue vii

1 The Myth of the Long Run 1

2 China's After Party 15

3 The Great Indian Hope Trick 35

4 Is God Brazilian? 59

5 Mexico's Tycoon Economy 73

6 In Russia, There's Room Only at the Top 83

7 The Sweet Spot of Europe 97

8 The Monophonic Voice of Turkey 111

9 On the Tiger Road 129

10 The Gold Medalist 153

11 The Endless Honymoon 171

12 The Fourth World

13 After the Ecstasy, the Laundry 220

14 The Third Coming 241

Acknowledgments 256

Appendix A The Emerging Markets Universe 259

Appendix B The Frontier Markets Universe 261

Bibliography 263

Index 269

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