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How the West Was Lost: Fifty Years of Economic Folly - and the Stark Choices Ahead

How the West Was Lost: Fifty Years of Economic Folly - and the Stark Choices Ahead

Written by Dambisa Moyo

Narrated by Anne Flosnik


How the West Was Lost: Fifty Years of Economic Folly - and the Stark Choices Ahead

Written by Dambisa Moyo

Narrated by Anne Flosnik

ratings:
4.5/5 (5 ratings)
Length:
8 hours
Publisher:
Released:
Feb 17, 2011
ISBN:
9781452670676
Format:
Audiobook

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Description

In How the West Was Lost, the New York Times bestselling author Dambisa Moyo offers a bold account of the decline of the economic supremacy of the West. She examines how the West's flawed financial decisions and blinkered political and military choices have resulted in an economic and geopolitical seesaw that is now poised to tip in favor of the emerging world. As Western economies hover on the brink of recession, emerging economies post double-digit growth rates. And whereas in the past, emerging economies lived and died by America's economic performance, now they look to other emerging countries to buy their goods and fuel their success.



Formerly a consultant for the World Bank and an investment banker specializing in emerging markets at Goldman Sachs, Moyo daringly claims that the West can no longer afford to simply regard the up-and-comers as menacing gate-crashers. How the West Was Lost reveals not only the economic myopia of the West but also the radical solutions that it needs to adopt in order to assert itself as a global economic power once again.
Publisher:
Released:
Feb 17, 2011
ISBN:
9781452670676
Format:
Audiobook

Also available as...

Also available as ebookEbook

About the author

Dambisa Moyo is the author of How the West Was Lost and Dead Aid. Born and raised in Lusaka, Zambia, Moyo completed a Ph.D. in economics at Oxford University and holds a master’s from Harvard University’s John F. Kennedy School of Government. She worked for the World Bank as a consultant, and also worked at Goldman Sachs for eight years. In 2009, Time magazine named her one of the “100 most influential people in the world.” Her writing frequently appears in publications including the Financial Times, The Economist, and The Wall Street Journal.



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What people think about How the West Was Lost

4.4
5 ratings / 2 Reviews
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Reader reviews

  • (5/5)
    This book offers a good account off the problems that the US economy is facing in next 10 to 30 years. It especially highlights some of the Politically convenient decisions being taken In today's world whether it is US or Europe.
  • (4/5)
    This book combines a little hard economic reasoning (including a couple formulas) with broad political/economic speculation; on both fronts it is hard for me to evaluate this book. I think the most practical takeaway for me was the distinction between economically productive education (science, engineering) and fluff education. I wish I had more of the former. There seems to be a parallel economically productive spending and fluff spending. What ever happens, USA's status in the world will change. It only remains to be seen by how much and how badly. Though it is not inevitable that it will be catastrophically bad.