The Wealthy World: The Growth And Implications Of Global Prosperity

"John Edmunds lays out the framework for the coming explosive growth in global financial assets . . . Read The Wealthy World and you will begin to understand why the future of global equity markets is so bright."-James A. Lynch, Jr., Managing Partner, Draper Atlantic Venture Capital
"John Edmunds has one of the best understandings of how the world economy works. Read this book and you'll not only find out how the world is becoming wealthier, but how you can become wealthier yourself. Open to any page, and it will suck you in!"-Peter T. Paul, Vice Chairman, Greenpoint Bank
"A highly insightful discussion of how the process of global wealth creation has evolved and accelerated since 1980. John's treatment of the implications of this process for global income distribution is equally insightful, as well as sobering."-Marc Lindenberg, Dean and Professor, Daniel J. Evans School of Public Affairs, University of Washington
"A provocative book . . . Professor Edmunds portrays a future in which financial wealth might continue to grow at an exhilarating pace, almost no matter what happens in the traditional economist's world of inputs and outputs. If the measure of a great teacher is how much thought and debate are generated by his efforts, this book will confirm that John is, indeed, a master of the teaching craft."-Thomas S. Johnson, Chairman, Greenpoint Financial
"Professor Edmunds has written a provocative treatise challenging conventional wisdom. His recognition of the importance of focusing on the right objective-wealth creation-rather than traditional surrogate measures is a true breakthrough. A must-read for those who want to understand the dramatic wealth generation ofthe '90s and why it will continue."-William K. Harper, President, Arthur D. Little School of Management
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World wealth creation exceeded $2 trillion per month in 1999. The potential for world wealth might be as high as $500 trillion or $83,333 for each person on Earth. This rapid and increasing accumulation has the capacity to touch every aspect of economic development and exchange. The Wealthy World explains the reasons for this increase and its implications in a world whose financial systems are becoming increasingly unified. Written by an author with worldwide credentials, this fascinating book lays out a key component of the approaching world economy, including the impact of the global rise of technology and interconnectivity and the implications of these factors on global wealth.