"Sharma, prominent emerging-markets investor, offers his tour of the world in search of investments, providing facts and figures that guide his firm's investment decisions; he spends a week each month in a particular emerging-market country kicking the tires to understand the economic and political forces. We learn about breakout nations that have many competitors, but only a few win: The rare breakout nations . . . beat the game by growing faster than rivals in their own income class and if per capita income is under $5,000 it competes with rivals in that class for beating expectations and . . . peers. He concludes that China is too big and middle-aged to keep growing at previous rates, and its slowdown will move India into the top growth spot. Nevertheless, he explains why he gives India only a 50-50 chance as a breakout nation; Brazil's and Russia's stars will dim. All will not agree with Sharma, but he provides valuable perspective for investors and all others who seek to understand today's global world." (Booklist) Check Our Catalog
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