Breakout Nations: In Pursuit of the Next Economic Miracles
“The head of Morgan Stanley’s emerging markets division conducts a brisk worldwide tour in search of new markets ready for takeoff. No first-book jitters for Sharma, longtime columnist for the likes ofNewsweekand theWall Street Journal. His smooth, almost chummy style suits him ideally for guiding civilians through the sometimes-arcane thicket of the dismal science, looking for those emerging markets likely to disappoint or exceed expectations in the coming years... Confining his predictions to the near future, Sharma refreshingly comes across as that rare thing Harry Truman once sought: a 'one-handed economist' willing to stake his reputation without resort to “on the other hand” equivocation. For investors looking to place their bets and for general readers looking to understand the global economic landscape in the wake of the Great Recession.” (Kirkus Reviews)“Breakout Nationsworks best as a compilation of highly illuminating country vignettes—similar, say, to Michael Lewis'Boomerang... As with Mr. Lewis' work on the European crisis, for sheer readability and insight on the various parts of the ongoing developing world drama, I dare say you won't find a better choice.” (Jonathan Anderson - Wall Street Journal)“Breakout Nationsis basically an investors lonely planet guide to the world for the new century.” (Bloomberg "On the Economy")“Accessible to newbies and revelatory for veterans, Sharma's observations upend conventional wisdom regarding what it takes to succeed in the relentlessly competitive global marketplace.” (Publishers Weekly)“[A] country-by-country tour de force of what makes emerging markets tick. He is an excellent writer with a keen eye for detail and a lyrical prose sense... As with Michael Lewis’Boomerangon the European crisis, for sheer readability and insight on the various parts of the ongoing emerging drama I daresay you won’t find a better choice.” (Jon Anderson - Wall Street Journal)“This week’s Book of the Week is,Breakout Nationsby Ruchir Sharma, one of the world’s leading emerging market investors. This is the best book on global economic trends I’ve read in a while.” (Fareed Zakaria, CNN GPS)“Mr. Sharma’s intent is to help you find the best places around the world to invest, emphasizing that it will take some work on your part.” (New York Times)“At the core of this impressive book is the counter-intuitive argument that the boom of the mid-2000s was a blip in the long historical trend for emerging economies and that the next decade may be one of decelerating. In Sharma’s view, the much-hyped decline of the West and emergence of the rest may take a lot longer than optimists would like to believe.” (India Today Magazine)“... it’s refreshing to readBreakout Nations, Ruchir Sharma’s book on the Bric countries—Brazil, Russia, India, China—and the rest of the developing world... [H]is book offers a careful view that has little truck with forecasts of the relentless Bric-led rise of the emerging world.” (Financial Times)“InBreakout Nations, he takes us on a fascinating gallop through the countries at the edges of the developed world. Not only does he challenge the accepted wisdom—that China and India will motor on, ad infinitum—but he comes up with some surprising candidates for the next decade's economic stars.” (Sunday Times (UK))“A primer to guide us... this is a great road-map to the new and better-balanced world in which we will all live, and an encouraging one.” (The Independent)“It is really the focus of economic attention around the world. It is a whole new look at which economies are going to be winners and which are going to be losers.” (Prannoy Roy, NDTV)“There is no better book for country-by-country accounts of emerging markets (and riskier ones called frontier markets). Its strong point is the author’s reliance on grassroots experience in each country, avoiding statistical charts.” (Times of India)“This is among the best books to understand the emerging world and its positive and negative aspects. Sharma matches the brilliance of Thomas L Friedman, author of the widely citedThe World is Flat.” (CNN-IBN)