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How the West Was Lost: Fifty Years of Economic Folly - And the Stark Choices Ahead (Paperback)
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Short Description for How the West Was LostCharts how over the years the most advanced and advantaged countries of the world have squandered their dominant position through a sustained catalogue of fundamentally flawed economic policies.
Full description- Publisher: ALLEN LANE
- Published: 13 January 2011
- Format: Paperback 240 pages
- See: Full bibliographic data
- Categories: International Economics | Development Economics | Financial Crises & Disasters
- ISBN 13: 9781846142352 ISBN 10: 1846142350
- Sales rank: 56,617
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Full description for How the West Was Lost
"How the West was Lost" charts how over the last 50 years the most advanced and advantaged countries of the world have squandered their dominant position through a sustained catalogue of fundamentally flawed economic policies. It is these decisions that, along the way, have resulted in an economic and geo-political see-saw, which is now poised to tip in favour of the emerging world. By forging closer ties with the emerging economies, rethinking trade barriers, overhauling their tax systems to encourage savings rather than ravenous consumption, and specifically addressing the three essential ingredients for growth (capital, labour and technology) it might yet still be possible for the West to firmly get back in the race.

