Book: Breakout Nations – In Pursuit of
the Next Economic MiraclesAuthor: Ruchir Sharma
Binding: Hardcover
Publishing Date: 2012
Language: English
Rating: 4.8/5
A meaningful insight on how the
world economies fare. Ruchir Sharma has given exhaustive, country by country
aspect of how the economies of the world are prospering / faltering. He observes
the world from an investor’s point of view, searching for a fresh investment
destination.
After reading the book, my confidence
in BRICS had faded.
Originally BRICS nations were Brazil, Russia, India, China and
South Africa. But with the changing dynamics in the world economy which is periled
with corruption and political intervention at all stages, these nations are no
longer the frontiers of the world growth.
Ruchir Sharma has searched and reasoned
for newer nations, which are growing or have the potential to grow at a rapid
rate faster than The BRICS.
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| Ruchir Sharma |
He has also mentioned about the diverse
political scenarios in the various nations and how it has affected their economic
growth.
After reading the book one can
say that it is only the policy decided by the top leadership which will decide
the fate of events in any country. Whether the economy moves uphill or downhill,
it all depends upon how the decisions have been taken by the governments.
P.S. – A factual book and
definitely not a bed time read.
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