Breakout Nations by Ruchir Sharma
In Pursuit of the Next Economic Miracles
A data-driven examination of emerging-market economies that explains which countries are likely to become sustained growth success stories and why. The author argues that breakouts depend less on size or natural resources than on sound macroeconomic policy, manageable inflation and debt, competitive exchange rates, productive investment (not overbuilding), favorable demographics, and political stability, while countries with large deficits, governance problems or overheating tend to disappoint. The book offers practical rules for spotting potential winners and uses case studies from across Asia, Latin America, Europe and Africa to distinguish cyclical booms from durable structural advances.
- Published
- 2012
- Nationality
- Indian
- Length
- Unknown
- Pages
- Unknown
- Original Language
- English
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- Alternate Titles
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