Breakout Nations

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 Ind...

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.

鲁奇尔·夏尔马

很少有作者能够同时具备广阔的视角与丰富的国别知识，所以无法就中国、印度、巴西、墨西哥、土耳其等国的发展写出一部权威著作，但夏尔马做到了。

他是美国摩根士丹利公司新兴市场股票业务负责人，长期投资全球40多个中低收入国家，积累了大量一线检验自己投资实践的想法，并以独特的视角着眼于公司及行业发展、各国宏观经济。他还长期担任美国《新闻周刊》、《华尔街日报》专栏作家，定期跟踪全球经济发展趋势。