Dimensions
153 x 234 x 17mm
We think we know what's coming. But is it already too late?
How The West Was Lost represents a radical wake-up call to a complacent elite. Dambisa Moyo charts how over the last fifty 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 decline, which is now poised to tip irreversibly in favour China and other emerging economies.
The future for the West looks bleak. However, Moyo outlines the stark choices that political leaders will need to make if they are to stem the tide. By forging closer ties with the emerging economies, rethinking trade barriers, overhauling their tax systems, and specifically addressing the three essential ingredients for growth (capital, labour and technology) it might yet still be possible for the West to get back in the race. Crucially though, Western governments first need to recognize just how critical the situation really is. This book might help them.
Dambisa Moyo's is the critically acclaimed author of Dead Aid: Why Aid Is Not Working and How There Is Another Way for Africa, and was chosen as one of Time Magazine's 100 Most Influential People in the World in 2009. She holds a PhD in Economics from Oxford University and a Masters from Harvard University Kennedy School of Government, and has worked at the World Bank and Goldman Sachs. She was born and raised in Lusaka, Zambia.
