Monday, December 3, 2012

Breakout Nations - Book Review


Book: Breakout Nations – In Pursuit of the Next Economic Miracles
Author: 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.
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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