Breakout Nations: In Pursuit of the Next Economic Miracles [Hardcover]

The head of Morgan Stanleys 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 of[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 LewisThis weeks Book of the Week is,Mr. Sharmas intent is to help you find the best places around the world to invest, emphasizing that it will take some work on your part.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 Sharmas view, the much-hyped decline of the West and emergence of the rest may take a lot longer than optimists would like to believe.... its refreshing to readA 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.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.There is no better book for country-by-country accounts of emerging markets (and riskier ones called frontier markets). Its strong point is the authors reliance on grassroots experience in each country, avoiding statistical charts.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 citedInternational Bestseller