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One of the best books of its kind. Totally worth the money. The author is an establishes authority on economics and presents so many otherwise difficult to understand concepts of economics in a very easy to understand story-like manner. The book would certainly help the beginners understand the subject and its basic principles and those who already understand the subject, would make them all the more curious and help them understand answers to many questions they might have had, specially in the light of changing global economic scene. It doesn't surprise me that it could sell so many copies worldwide, this is one of the best books I have read on the subject.
I totally enjoyed the book, learnt a lot and definitely recommend it to all others, no matter how much you already know about economics!!!
A well researched and well represented account of the manipulative political and economic influence that Dhirubhai and Reliance yielded in India in 70s and 80s and in fact till now.
The book talks about the role of several corrupt practices that led to Reliance becoming the behemoth it has become and the nexus between the businesses and politics in India.
The book details the crony capitalism unleashed by Indira Gandhi and followed by the later generations of the Gandhi family and Congress party.
A must read for every Indian!
The concept of "The Fortune At The Bottom of The Pyramid" has been around for some time and though it was first given by Dr. C.K. Prahlad, it has been worked upon and further refined and adopted by several others. It is now a part of Strategy Management courses in most Business Schools around the world and has been successfully incorporated by various organizations. Though he pioneered this concept through this book, the book is very archaic now. Definitely not an interesting read. Most of the things are well known now. At this price, I definitely do not recommend it. If you really want to know about BOP approach, better watch some related videos at youtube or some slideshow at slideshare or documents at scribd.... just google and you will get enough material.
This books brings to fore a new way of thinking about poverty. Rather than professing theoretical stuff, the book presents the results and interpretation of the experimental evidence found by the authors. The authors describe why micro-credit may not be the panache that it is made out to be or why poor make choices that sometimes seem to be grossly idiotic to us and yet make perfect sense to them and how policy makers, without understanding the psychology of the poor, end up drawing plans that, despite their well intentions, do more harm than good. Good read for anybody interested in understanding the root cause of poverty and ideal poverty alleviation policy measures.
The book describes the strategies and principles used by the world's biggest car manufacturer to reach the position it has acquired today.
Toyota was the company that gave the world "Lean Manufacturing" concept which helped it make highest quality cars at lowest prices and thus beat GM on their home turf.
The book describes how Toyota achieved the "lean Manufacturing" and other unique aspects of production, supply chain and human resource management used by Toyota (and then by several other Japanese firms).\
Though Toyota is a car maker, the management principles described are equally applicable to all kinds of businesses whether in manufacturing or services sector.
A must read for all entrepreneurs and managers.
One of the best books on Global Economics that I have read in recent times. The author is has been associated with the IMF and has been an economic advisor to US and the Indian Govt. His experience clearly shows in the way he explains otherwise complicated things in a very easy to understand manner. Especially recommended if you want to understand the basic reasons for the economic crisis of 2008 and why the recovery from this recession has taken unusually long and what implications it might have in the long run.
Kudos to the author, the book is worth every penny!!!
The essays are outdated and does not make any sense to read them now as the results of policies that these essays try to argue upon have already been experienced.
Not worth your money. Same goes for all other similar books by Bimal Jalan.
Paul Krugman is a Nobel Laureate and needless to say this book is a masterpiece. If you have even the slightest of interest in Economics or any curiosity to know what leads to an economic crisis, how to detect it, how it can be handled or what the consequences can be, this is the perfect book for you.
It discusses in detail but with a very simple language, the various economic crisis from the Great Depression to Latin American Crisis of 80s, Japanese Economic Crisis of 90s, the Thai (or Asian) Crisis of '97 and American Crisis of 2008. The author takes great care to bring out the policy failures that led to each of these crises, the factors that exacerbated them and the response they initiated and how they could have been handled better, the learning that resulted and the impact they made.
A very interesting read with easy to follow, practical analogies to illustrate the concepts involved and a thought provoking description of events laid out in a very logical fashion.
Overall a great value of money! A must-read, I should say! Whole-heartedly recommended! If you had to read just one book to understand everything about economic crises, this would be it!
The book is now outdated. Doesn't tell you anything you don't know already. It tries to reason why indian economy could not achieve its true potential and what the economic liberalization can do (we already have seen the positive achievements of the economic liberalization by now so no point reading predictions).
My advice : Don't spend your money on it.