Synopses & Reviews
“A level-headed, reasonable and fascinating analysis, and a valuable and accessible tool for any investor trying to make sense of the world.”
—Gillian Tett, US Managing Editor, Financial Times
“Anyone interested in the forces shaping the global economy, and our prosperity, should read Uprising.”
—Robert Peston , BBC Business Editor
“Balanced and instructive. For Chinese readers the book is a mirror through which they can see a clearer image of their own problems. For non-Chinese readers, this is a good handbook on the current state of China’s economy.”
—Professor Yu Yongding , President, China Society of World Economics
“This well-reasoned and informative book is a must for anyone who wants to udnerstand the challenges ahead for emerging countries.”
—Nouriel Roubini , Professor of Economics at NYU Stern School of Business and Chairman of Roubini Global Economics
“For those suffering from advanced Sinoptimism—the belief that China will inevitably take over the world in the 21st century—George Magnus offers a therapeutic skepticism. Elegantly weaving together his unrivalled knowledge of the global financial crisis with his deep understanding of the long-term trends in international development and demography, Magnus lays bare the Asian dragon’s many frailties. Uprising will persuade you that there is much about today’s emerging markets that is still distinctly Third World. If Magnus is right, the ultimate fate of the ‘BRICS’ will not be to rise inexorably, but to drop like, well, bricks.”
—Niall Ferguson , Laurence A. Tisch Professor of History at Harvard University, William Ziegler Professor of Business Administration at Harvard Business School and author of The Ascent of Money
Synopsis
Emerging markets are big news. But after the financial crisis, what does the future really hold for them? And what does this future mean for global business?
George Magnus, one of the world's most respected economic analysts, is your guide through the challenges and opportunities for emerging markets and those doing business in them.
This magisterial book looks in detail at China and India – the big players – and also less hyped but crucial markets, including Eastern European countries and Turkey. Magnus takes in his sweep everything from commodity prices to climate change, and from comparative advantage to demographic to provide a compelling analysis of what the future might look like – not just for emerging markets, but for investors, businesses and economies everywhere.
Uprising is a must-read for anyone who cares about the future of the global economy.
Synopsis
Will the 21st century really belong to China?Will emerging markets inherit the earth?
In Uprising, George Magnus gets behind the hype to show that the emerging markets century may not be all that it seems.
As well as dealing with the aftermath of the financial crisis, emerging markets must also attend to ageing populations, develop cultures of innovation, and figure out how to balance growth with a green economy.
Without urgent political and economic reform in China, India and other emerging countries, Magnus argues, the US is likely to remain the prominent, even the dominant, global power for decades to come.
This analysis of why China and others may shape, but won’t ultimately shake the world, is iconoclastic and essential reading.
Synopsis
"The future is about structural change and reform.... Ultimately this will determine whether China and emerging markets are more likely to shape the world, or just shake it"
About the Author
GEORGE MAGNUS is Senior Economic Adviser at UBS Investment Bank, London. Previously, he was Chief Economist at UBS; he has held similar positions with Union Bank of Switzerland and SG Warburg.
George Magnus is well-known and respected as a public commentator on the long-term consequences of the financial crisis. His first book The Age of Aging: How Demographics are Changing the Global Economy and Our World was published by Wiley in 2008. He lives, works and writes in London, is married and has four children.
Table of Contents
Acknowledgments.
Introduction.
Chapter 1 Back to the Future?
Chapter 2 Who Are Those Guys?
Chapter 3 To Armageddon and Back.
Chapter 4 Atomic Clouds of Footloose Funds.
Chapter 5 After the Crisis: Catharsis or Chaos?
Chapter 6 Older and Wiser: Demographic and Technological Challenges.
Chapter 7 The Climate Change Catch?22.
Chapter 8 Who Will Inherit the Earth?
Notes.
Index.