Juggernaut: How the Rise of Developing Countries is Reshaping the World Economy

Dadush, Uri

ISBN 10: 0870032615 / ISBN 13: 9780870032615

Published by Brookings Institution Press, 2011

About this Item

Most items will be dispatched the same or the next working day. A copy that has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged.

Seller Inventory # wbs2043676856

Bibliographic Details

• Title: Juggernaut: How the Rise of Developing Countries is Reshaping the World Economy
• Publisher: Brookings Institution Press
• Publication Date: 2011
• Language: English
• ISBN 10: 0870032615
• ISBN 13: 9780870032615
• Binding: Soft cover
• Condition: Very Good
• Weight: 362.9 grams

About this title

Synopsis

Against the long sweep of economic history, the current moment is special. Living standards advanced so rapidly and across so many countries over the last decade that it is difficult to think of parallels—even the deepest recession since the Great Depression did not halt progress.

In Juggernaut, Uri Dadush and William Shaw explore the rise of developing countries and how they will reshape the economic landscape. Dadush and Shaw project that the global economy will more than triple over the next forty years and the advance of a large group of developing countries—home to most of the world's population but seen as supplicants rather than trendsetters less than a generation ago—will drive this improvement. The authors systematically examine the effects of this seismic shift on the main avenues of globalization—trade, finance, migration, and the global commons—and identify the policy options available to leaders in managing the transformation.

In the years to come, the rise of emerging economies will likely enhance prosperity but also create great tensions that could slow the process or even stop it in its tracks. Juggernaut calls for leadership by the largest countries in managing these tensions, and underscores the need to cultivate a "global conscience."

About the Author

Uri Dadush is a senior associate at the Carnegie Endowment for International Peace. He previously served as the director of global prospects, director of international trade and director of economic policy at the World Bank. He was also president of the Economist Intelligence Unit and a consultant at Mc Kinsey and Company.

William Shaw is a visiting scholar at the Carnegie Endowment. He previously served as lead economist in the World Bank research department and was the main author or co-author of several of the institution's flagship reports. He is a consultant to the World Bank and to the African Development Bank and other organizations.