Brave New Wealthy World

Brave New Wealthy World demonstrates how today's international financial arrangements arespreading prosperity and well-being more widely than ever before—and what it'll take to spreadthe wealth to virtually every corner of the Earth. John C. Edmunds proposes a new symbiotic relationship between rich and poor countries thatoffers powerful benefits to both. He demonstrates why "first world" investors will increasinglydepend upon growth in emerging economies to achieve the returns they need and offers a blueprintfor transforming emerging nations' financial systems into powerful drivers of economic growth. This book cuts through the conventional wisdom and ideologies that hide the true implicationsof globalization—and reveals a pragmatic path to a hopeful future. The middle class grows—by billions The long-term forecast: prosperity spreading worldwide Securitization: unleashing the power of emerging economies Financial assets: the new catalysts of world prosperity A new symbiosis between rich and poor Why "rich" countries will increasingly depend on investments in emerging economies Overcoming the obstacles to investment in emerging economies Proven policies for promoting the investments that supercharge growth A tale of three booms Powerful lessons from three recent boom/bust cycles Demographics and economic destiny Population trends and their surprising implications

Year

2003

Language

English

Publisher

Financial Times Prentice Hall

Editions

2

Pages

256

ISBN

9780130381606

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