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

ISBN-10: 0374533210

ISBN-13: 9780374533212

Edition: N/A

Authors: Dambisa Moyo

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Description:

InHow the West Was Lost, theNew York Timesbestselling author Dambisa Moyo offers a bold account of the decline of the West’s economic supremacy. She examines how the West’s flawed financial decisions have resulted in an economic and geopolitical seesaw that is now poised to tip in favor of the emerging world, especially China.Amid the hype of China’s rise, however, the most important story of our generation is being pushed aside: America is not just in economic decline, but on course to become the biggest welfare state in the history of the West. The real danger is a thome, Moyo claims. While some countries – such as Germany and Sweden – have deliberately engineered and financed welfare states, the United States risks turning itself into a bloated welfare state not because of ideology or a larger vision of economic justice, but out of economic desperation and short-sighted policymaking.How the West Was Lostreveals 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.
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Book details

List price: $14.00
Publisher: Farrar, Straus & Giroux
Publication date: 1/31/2012
Binding: Paperback
Pages: 240
Size: 5.25" wide x 7.75" long x 0.75" tall
Weight: 0.550
Language: English

Dambisa Moyo received an undergraduate degree in chemistry and an MBA in finance from American University, an MPA from Harvard University, and a PhD in economics from Oxford University. She was a consultant for the World Bank and an investment banker specializing in emerging markets at Goldman Sachs. She has written several books including Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa, How the West Was Lost: Fifty Years of Economic Folly--and the Stark Choices Ahead, and Winner Take All: China's Race for Resources and What It Means for the World. Her work regularly appears in economic and finance-related publications including the Financial Times, the Economist, and the Wall Street Journal. In 2009, she was named by Time as one of the 100 Most Influential People in the World and was named to the World Economic Forum's Young Global Leaders Forum. In 2012 his title Winner Take All China's Push for Resources and What It Means for the World made The New York Times Best Seller List.

Preface
Introduction
The Way It Was
Once upon a time in the west
A Capital Story
The House of Cards
Labour Lost
Giving Away the Keys to the Kingdom
Back to the Future
From East to West and Back Again
A Topsy-Turvy World
All is not Lost
Notes
Bibliography
Acknowledgements
Index
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