The Coming Prosperity

The Coming Prosperity

How Entrepreneurs Are Transforming the Global Economy

Book - 2012
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Over the next 25 years global economic growth will come overwhelmingly from previously poor countries like China, India, and Brazil. In rich countries this "rise of the rest" scenario strikes fear into the many observers who see as its primary consequence a dangerous combination ofunrestrained consumerism, unsustainable resource depletion, and an undoing of U.S. economic dominance. In The Coming Prosperity, Philip Auerswald acknowledges the gravity of these issues but argues that the inclusion of the majority of the world's population in the global economy is, first and foremost, a source of unprecedented opportunity. Auerswald asserts that entrepreneurship is the key tomaking the most of the epochal transition in the global economy that will take place in the next quarter century. Inventors, innovators, and the creators of new ventures are introducing new technologies and expanding the range of global knowledge networks at a remarkable pace. The ensuingopportunities are abundant - not only for residents of previously poor countries, but also for people in the United States and other advanced, industrialized nations. The book's rigorous analysis of economic and historical trends is enlivened by the stories of entrepreneurs making an outsize difference: people like Karim Khoja, who led the creation of the first mobile phone company in Afghanistan; Leila Janah, who is bringing "outsourced" computer work to refugeecamps; and Victoria Hale, whose non-profit pharmaceutical company turned an orphan drug into a cure for kala-azar (black fever), one of South Asia's most deadly diseases. Engagingly written and bracingly realistic about the positive prospects of our historical moment, The Coming Prosperity sees beyond the doomsday scenarios to find a multitude of new opportunities in the expanding global economy.
Publisher: New York : Oxford University Press, c2012.
ISBN: 9780199795178
Branch Call Number: 337 AUERSWA
Characteristics: viii, 272 p. : ill., maps ; 25 cm.


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Sep 21, 2014

[Wonder if this author's academic position is financed by the Koch brothers?] I love it that the author mentions Leila Janah and her Samisource - - brining jobs to the most captive of employees, refugee camps! To update: Janah rushed in with jobs after the earthquakes in Haiti, [of course, the Hatian workers had to use their own cell phones as terminals for the data entry work] where else could she find the most captive of workforces, and the Clinton Foundation sure made off like a bandit, huh? Remember, offshoring all jobs will solve all problems, according to this author. The [un]learned author mentions studies by Manpower yet fails to mention that they shut down 1,000 offices across the USA in 2003 and opened up over 900 across China - - not an unimportant point.


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