The Growth Map: Economic Opportunity in the BRICs and Beyond by Jim O’Neill presents author private account of the BRIC phenomenon, the way it has evolved, and the place these four key nations presently stand after a turbulent decade. This text also gives an equally daring prediction about the “Subsequent Eleven” international locations: Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, South Korea, Turkey, and Vietnam.
These growing nations could not seem distinctive today, but they offer exciting alternatives for traders over the following decade, just as BRIC did before them. The BRIC analysis permanently modified the world of world investing, and its accuracy has stood the take a look at of time.
Creator additionally shares several compelling insights in regards to the world economy. He reveals the worth for rising nations in being “keen to play” by meaningfully committing to policies that encourage further progress and engagement with globalization. He explains how the G20 can modify to better incorporate the BRICs and to better mirror the stability of the global economy.
Finally, O’Neill makes the counterintuitive claim that good things can very often come from crises. Whereas established financial powers might even see the rise of the BRICs as a risk, international trade advantages us everywhere in the long term. Likewise, the current monetary crisis revealed deep problems in our financial programs, problems we now have the opportunity to fix.
A work of astute and absorbing evaluation, this text is an indispensable guide for every investor and every participant within the global economy. Anybody who desires to grasp the creating world would do effectively to heed the person known as “some of the sought-after financial commentators on the planet.
The Growth Map: Economic Opportunity in the BRICs and Beyond [Hardcover]
Portfolio Hardcover (December 8, 2011)