Published in the year 2012, Breakout Nations: In Search Of The Next Economic Miracles is a book by renowned investor Ruchir Sharma, and speaks about the emerging market in different countries across the globe.
Summary Of The Book
Breakout Nations: In Search Of The Next Economic Miracles is a book that is based on the personal views of the author on the emerging markets worldwide. In this book, the author explains to his readers that the only way to identify breakout nations is to travel and keep their eyes open to see the current factors that influence the market and whether they favor growth. The author provides his readers with information on more than two dozen nations. This information covers aspects such as growth, which has been tremendous in the past decade for these nations.
Through the course of this book, Sharma provides his readers with insight into the nations that have high chances of flourishing. The author also provides simple rules for the common man to understand the potential of a market. He also explains that a nation's government may not have a negative impact on the economy if the economic understanding of the leaders is great. In this book, Sharma also notes that nations such as Nigeria, Philippines, and Sri Lanka seem to be on the right road, along with Indonesia’s “efficient corruption”, which proves to be an improvement over the previous method. As a result of his predictions, Sharma has been regarded as a one-hand economist, who is ready to place his reputation at stake.
The main goal of this book is to provide its readers with an answer to a highly simple, yet complicated question about where the money goes. Breakout Nations: In Search Of The Next Economic Miracles was greatly appreciated by its readers, breaking sales records and turning into an international best-seller. This book also received tremendous global media coverage by The Washington Post, The Economist, and The Wall Street Journal. All in all, this book is a must-have for those who want to gain key insight into the emerging markets across the globe.
About Ruchir Sharma
Ruchir Sharma is an author and investor from India.
Sharma was born in Wellington, Tamil Nadu, India, and he completed his degree from Shri Ram College of Commerce, Delhi. He currently works at Morgan Stanley Investment Management as the head of the Emerging Markets Equity Team. He served as the contributing editor for Newsweek, and has published write-ups in The Wall Street Journal, Foreign Affairs, The New York Times, and the Financial Times. In the year 2012, the Foreign Policy listed Sharma among the leading global thinkers. He currently works for The Economic Times as a contributor, writing a regular column that is based on global financial markets. Sharma is listed among the leading investors worldwide, and spends one week every month in an upcoming economic market, speaking with top CEOs, politicians, and investors. He currently lives in New York City.
this book is a magnum opus and a thriller at that.
Certified Buyer, New Delhi
Travelogue through the eyes of Author.Good Read!
A good read for a Economics lover
Certified Buyer, Kota
Anecdote of world economic history
Unbiased and to the point