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Breakout Nations: In Pursuit of the Next Economic Miracles
Breakout Nations In Pursuit of the Next Economic Miracles Author:Ruchir Sharma An expert on global markets offers a jargon-free tour through the new landscape for emerging economies.Today, despite crisis in the West, conventional wisdom holds that the rising nations of the South and East will continue to grow at a blistering pace. Ruchir Sharma, a longtime columnist and investor in emerging markets, shows that the global b... more »oom of the last decade was a freak event and that the hype surrounding China and other market darling sis just that.In Breakout Nations, Sharma tours the world, showing how the end of easy money and the collapse of oil mania will reshape the global economy, slowing the most celebrated emerging markets of the last decade while leaving new stars poised to rise. As he explores the fundamental weaknesses of China, Russia, and Brazil?and the hidden strengths of markets like Nigeria, Indonesia, and Poland?he reveals his wonderfully clear rules for economic success. Breakout Nations is a rollicking education for anyone looking to understand where the future will happen. 12 photographs« less