How the West Was Lost
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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 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
… More »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 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.
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Add a CommentThis book might also be called How the Reader Was Lost! The books starts up all right, like a sort of Economic History with a global perspective. But then it lapse into “longs” and other jargon that it never explains to my satisfaction. And then (gasp) it even throws in some formula ABC = FYIn. Shades of university introductive courses. And that’s where I closed the book and put it on the I Probably Should Read This Book But Can’t be Bothered stack. But then you might want to give it a try. But be warned.
Duller than I expected, which is okay. What was not okay was the consistently weak and incomplete argumentation: Moyo wants to posit a theory that is outside the "conventional wisdom" - she fails to state it clearly and then follows up by failing to make her case.
good start, finish not so much, Moyo is a smart lady, she needs to decide what will happen then strongly argue that idea through