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Synopsis
The argument of BREAKOUT NATIONS is that the astonishingly rapid growth over the last decade of the world's celebrated emerging markets is coming to an end. China, in particular, will soon slow, but its place will not necessarily be taken by Brazil, Russia or India, all of which Ruchir Sharma shows have weaknesses and difficulties often overlooked in the inflated expectations and emerging markets mania of the past decade. The new 'breakout nations' will probably spring from the margins - even from the shadows. Sharma identifies which they are most likely to be, and why.
Sharma, head of one of the world's leading emerging market funds, has spent two decades travelling the globe to find out what is happening on the ground in developing countries. With this first-hand knowledge, he takes his readers on a tour of two dozen of the world's most interesting economies, introducing the critical players and describing and analysing the forces - many unique to each nation - which will make the successes and flops of the future.
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About the Author
Ruchir Sharma is a global investor and a writer. He is currently a contributing opinion writer with The New York Times. His most recent book, The Rise and Fall of Nations: Forces of Change in the Post-Crisis World, was released in June 2016 and instantly became a New York Times bestseller. His 2012 book, Breakout Nations: In Pursuit of the Next Economic Miracles, debuted as the Number One bestseller in India, and earned Sharma the Tata Literature Live! First Book Award for 2012. Breakout Nations also made it to the Wall Street Journal hardcover business bestseller list, and was chosen by Foreign Policy as one of its '21 Books to Read in 2012'.
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