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The Growth Map

Economic Opportunity in the BRICs and Beyond

Jim O'Neill

$24.99

Paperback

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English
Portfolio Press
24 July 2013
In 2001, Jim O'Neill predicted the fastest growing economies of the past decade. Now he's back to explore the new growth markets we should all be watching closely today.

It's been ten years since Jim O'Neill conceived of the BRIC acronym. He and his team made a startling prediction: Four developing nations- Brazil, Russia, India, and China (the BRICs)-would overtake the six largest Western economies within forty years. The BRIC analysis permanently changed the world of global investing, and its accuracy has stood the test of time.

The Growth Map features O'Neill's personal account of the BRIC phenomenon, how it has evolved, and where those four key nations currently stand after a turbulent decade. And the book also offers an equally bold prediction about the  Next Eleven  countries: Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, South Korea, Turkey, and Vietnam. These developing nations may not seem exceptional today, but they offer exciting opportunities for investors over the next decade, just as BRIC did before them.

O'Neill also shares several compelling insights about the world economy. He reveals the value for growing countries in being  willing to play  by meaningfully committing to policies that encourage further growth and engagement with globalisation. He explains how the g20 can adjust to better incorporate the BRICs and to better reflect the balance of the global economy.

Finally, O'Neill makes the counterintuitive claim that good things can quite often come from crises. While established economic powers may see the rise of the BRICs as a threat, international trade benefits us all over the long term. Likewise, the recent financial crisis revealed deep problems in our economic systems, problems we now have the opportunity to fix.

A work of astute and absorbing analysis, The Growth Map is an indispensable guide for every investor and every participant in the global economy. Anyone who wants to understand the developing world would do well to heed the man called  one of the most sought-after economic commentators on the planet.  ( The Telegraph )
By:  
Imprint:   Portfolio Press
Country of Publication:   United Kingdom
Dimensions:   Height: 198mm,  Width: 129mm,  Spine: 20mm
Weight:   247g
ISBN:   9780241958070
ISBN 10:   0241958075
Pages:   272
Publication Date:  
Recommended Age:   From 0 years
Audience:   Professional and scholarly ,  College/higher education ,  General/trade ,  Undergraduate ,  Primary
Format:   Paperback
Publisher's Status:   Active

Jim O'Neill is Chairman of Goldman Sachs Asset Management. He joined Goldman Sachs in 1995, rising to chief economist, and in 2001 he led the team that conducted the original BRIC analysis. He is a member of the boards of the UK Royal Economic Society, Itinera and Bruegel, and also chairman of the charity SHINE. He has a lifelong passion for Manchester United FC, and has served as a non-executive director of the club's board.

Reviews for The Growth Map: Economic Opportunity in the BRICs and Beyond

There is no better guide to the new map of the economic world than Jim O'Neill -- Niall Ferguson, author of The Ascent of Money and Civilisation O'Neill has redefined how investors and Western business leaders see the world. This book tells the unlikely story of how O'Neill developed this path-breaking idea... lively, powerful and highly accessible -- Gillian Tett * Financial Times * Jim O'Neill challenges the lazy consensus and persuades us that the great swing to the East should be welcomed rather than resented by an anxious West. This is a book we all needed -- Sir Martin Sorrell, CEO, WPP O'Neill has changed how the world thinks about economic growth - and how the BRICs think about themselves -- Lloyd Blankfein, chairman and CEO, Goldman Sachs Jim O'Neill is Goldman Sachs' rock star * Business Week * Eye-catching, startling . . . has many merits * Management Today * Reveals the next stages in the progress of the non-Western economies which have come to dominate corporate life across the world * Daily Telegraph * A passionate riff on the subject. O'Neill's enthusiasm for the BRIC story stands out * The Financial Times * The top foreign-exchange economist anywhere in the world in the past decade -- Gavyn Davies, former BBC chairman The guru of Goldman Sachs has long been ahead of the curve -- Blake Hounshell, Foreign Policy O'Neill encourages us to concentrate on the basics: population and productivity. It's the demography, stupid. Admirably simple * Bloomberg BusinessWeek * A brilliant and insightful analysis of the dynamic forces that are changing our world and the lives of millions of people. Jim O'Neill has done more than anyone to illuminate the shifting landscape of the global economy -- Michael Spence, Nobel Prize-winning economist If you want to learn how emerging markets are going to develop in the coming years, you don't have to wait for some future historian: just read this wonderful book -- Arminio Fraga, economist and former President of the Central Bank of Brazil Jim O'Neill's theory about the BRICs has become a reality. His new book makes it clear that growth markets will grow to the benefit of all -- Arkady Dvorkovich, advisor to Russian President Dmitry Medvedev Compulsory reading for all those interested in the world economy -- Montek Singh Ahluwalia, economist and Deputy Chairman of the Planning Commission of the Republic of India O'Neill's book provides us with more insights into how the world is better with BRICs emerging. Just like the book says, it is a great challenge indeed, but it is a great opportunity worth exploring -- Prof. FAN Gang, Director of NERI-China (National Economic Research Institute, China Reform Foundation)


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