Reviews
Marber, managing director and president of Perella Emerging Markets L.P., argues that the increasing globalization of the world economy will benefit not only investors in the First World but also citizens of the various countries to which an increasing amount of manufacturing and other industries are relocating. He uses quotes from people as diverse as Adam Smith and Lenin that capitalism is not a zero-sum game in which there have to be losers in order for others to win. The book also describes the financial markets and various ways of investing. Writing when the current unrest in Asia was already apparent, the author believes that in the long run conditions there should continue to improve. A number of books point out the dangers of globalization, so when one appears that attempts to answer some of the criticisms, it should be included in the collection. We may not have to wait long to see how valid these points may be. Recommended for public libraries.?Joseph Toschik,Half Moon Bay P.L.,
Copyright 1998 Reed Business Information, Inc.
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