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Fortune Favors the Bold: What We Must Do to Build a New and Lasting Global Prosperity
Lester C. Thurow Manufacturer: Collins ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0060523654 Release Date: 2003-10-07 |
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With Fortune Favors the Bold: What We Must Do to Build a New and Lasting Global Prosperity, Lester Thurow follows on his bestsellers The Zero-Sum Society and The Future of Capitalism by addressing the path to globalization. Thurow--a Professor of Management and Economics at MIT's Sloan School--draws uncompromising conclusions: only a bold embrace of globalization will bring prosperity, and nations that fail to engage in global economics will fall behind the world's dominant powers.He sees three simultaneous revolutions that fuel the rush to global business: the birth of knowledge-based industry, the creation of a global economy built on a worldwide information infrastructure, and the victory of capitalism. But Thurow is not naively optimistic about the prospects for prosperity in this new framework. The U.S. trade deficit, the Chinese export economy, the SARS epidemic, and the stagnating Japanese economy all offer real threats to short-term and long-term well-being.
Some readers will be frustrated that Fortune Favors the Bold does not deliver a detailed set of solutions to these impediments to global prosperity, despite Thurow's thorough research. The U.S. trade deficit, like the absence of international intellectual property rights, he labels a "dilemma": a problem that has no prescriptive answer. Crises will occur, he suggests. The challenge is to prepare for them and manage them well. Thurow urges the creation of new institutions to confront these dilemmas head on, notably the creation of a Chief Knowledge Officer (CKO) for governments and major corporations. The CKO will provide a central intelligence to steer nations and corporations through the difficulties of economic revolution. For Thurow, fortune will favor those leaders who boldly shape globalization and invest in emerging technologies. Those who stand by will be doomed to marginalization. --Patrick O'Kelley
Book Description
The new global economy is linking the fortunes of every nation on every continent -- for good or for ill. Its hallmark is a rising instability and a growing inequality between the first and third worlds, in spite of rising average incomes. The United States and other first world economies are finding it hard to recover after the boom of the 1990s and the bust of the early 21st century. Financial crises in the third world come frequently and are increasingly severe. Globalization is invoked to explain riots, civil disobedience, and as a factor in the rise of terrorism.
Lester Thurow argues now is the time to shape globalization into what we want it to be -- before it's too late. Today, he explains, we are at a critical crossroads in the development of the global economy. We can sit back and let it grow as it will, or we can seize the moment and build economic systems that will minimize instability, allow second and third world countries to thrive, and protect and enhance our own American interests. In short, a win/win global economy that benefits all participants.
Globalization, says Thurow, can be shaped.
In Fortune Favors the Bold, Thurow provides an insightful analysis of the ills of globalization and, more important, offers solutions. He tackles subjects such as:
Further, Thurow shows how the economic successes of Ireland and China provide a model for other countries to follow. He even proposes creating anew role for a "Chief Knowledge Officer" to help guide companies and governments in the developing global knowledge-based economy of the 21st century.
Globalization will continue whether we like it our not. We are at a critical moment; great challenges lay ahead, and our economic future is at stake. Now, with Fortune Favors the Bold, we have a map and guidebook to a prosperous economic future.
Customer Reviews:
Pragmatic and well thought.......2005-12-31
Nothing new here.......2005-10-10
How can one be wrong so much and still be called an expert?.......2004-06-08
Infrastructure.......2004-05-29
Somebody must be wrong - either the GE chairman or the MIT professor. There are many other errors in this book, not only in facts and statistics, but also in analysis. (Another whopper, of the analysis variety: Thurow says that Confucianism and Communism combined to emphasize education in China, and that this is one reason why China is so highly educated for a developing country. I don't know about Confucianism, but I do know that for years Mao decimated higher education in China, so that at one point college students had the reading ability of a junior high student while junior high students could barely read.)
Logical and important........2004-04-20
If you want to read only one book which explains globalization, the rationale behind government run fiscal policies, the impact of trade deficits, and changing roles of governments and the world bank, this is a great one.
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Globalization: What's New?
Manufacturer: Columbia University Press ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0231134592 |
Book Description
From the streets of Seattle to corporate boardrooms to new factories in third-world nations, globalization is subject to very different and often explosively divergent interpretations. Where some see globalization as driving poor countries into further poverty, others see it as the path to economic salvation and democratic rule. With original contributions from ten eminent economists, Globalization: What's New cuts through the confusion and rhetoric to offer straightforward, incisive analysis of globalization and its future.
Coming from some of globalization's most prominent supporters (David Dollar), its most vocal critics (Joseph Stiglitz), and those in-between, this collection presents diverse and original perspectives on globalization's immense reach that dig to the core of many debates. The contributors analyze recent trends in trade, immigration, and capital flows; why some poor countries have grown while others have stagnated during the past two decades; future opportunities for low-wage workers; globalization's impact on jobs and wages in poor countries and in the United States; the surprising environmental benefits of globalization; the degree to which foreign aid helps developing countries; the failures of international institutions in governing the global economy and supporting democracy; and how foreign loans and investments can wreak havoc on a nation's economy.
Customer Reviews:
much of the same.......2006-04-22
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What Democracy Looks Like: A New Critical Realism for a Post-Seattle World
Manufacturer: Rutgers University Press ProductGroup: Book Binding: Paperback ASIN: 0813537177 |
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What's Next?: Exploring the New Terrain for Business
Eamonn Kelly , Peter Leyden , and Members of Global Business Network Manufacturer: Perseus Books Group ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0738207608 Release Date: 2002-09-17 |
Book Description
From the thought leaders at Global Business Network, new views on the profound forces shaping business in the coming decade.Who better to help us foresee how emerging trends will help shape the agenda for business in the first decade of the twenty-first century than Global Business Network, the renowned futurist think tank and strategic consulting firm, where some of the greatest minds from these fields converge and converse? In What's Next? , GBN's President, Eamonn Kelly, and its "knowledge developer," Peter Leyden, weave together fresh, new insights from expansive interviews with many of the Network's key thinkers, including: Stewart Brand on civilization, Mary Catherine Bateson on cultural change, Paul Hawken on the anti-globalization movement, Esther Dyson on Russia, Kevin Kelly on thinking globally, and Francis Fukuyama on biotechnology. The result is a thought-provoking, and inspiring guide to the ideas, concepts, and forces that will influence business in an era of increasing uncertainty-and opportunity.
Customer Reviews:
Five years old.......2007-02-14
shaping forces.......2005-03-31
Futurism that's both thought provoking and relevant.......2003-07-05
Start at the front.......2003-05-05
Many big ideas about the future, as you'd expect from GBN.......2003-03-07
The GBN members make their points in a very entertaining fashion, full of good quotes and stories. I found it to be densely thought provoking. You want to stop and ponder after every few pages. You may not agree with all of what they say, but the GBN has an interesting world view.
If you're unfamiliar with GBN, be sure to check out the GBN book club recommendations on their website. It is a collection of some of the most interesting books I've read.
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What's wrong with the Australian people? Australia's conflation with the global market has coincided with a marked decline in altruistic values.: An article from: Arena Magazine
Alastair Davidson Manufacturer: Arena Printing and Publications Pty. Ltd. ProductGroup: Book Binding: Digital ASIN: B00082IHV4 Release Date: 2005-07-31 |
Book Description
This digital document is an article from Arena Magazine, published by Arena Printing and Publications Pty. Ltd. on April 1, 2004. The length of the article is 3347 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Where is history heading?(What is History Now?)(The New History: Confessions and Conversations)(Historical Representation)(Book Review): An article from: Canadian Journal of History
Ian K. Steele Manufacturer: University of Saskatchewan ProductGroup: Book Binding: Digital ASIN: B00097568K Release Date: 2006-07-14 |
Book Description
This digital document is an article from Canadian Journal of History, published by University of Saskatchewan on December 1, 2004. The length of the article is 4119 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Economic globalization and the "new" ethnic strife: What is to be done? (Policy paper / University of California Institute on Global Conflict and Cooperation)
Ronnie D Lipschutz Manufacturer: University of California Institute on Global Conflict and Cooperation ProductGroup: Book Binding: Unknown Binding ASIN: B0006QJ6CQ |
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The globalization of America's defense industries: What is the threat? How can it be managed? : guidelines for a new generation of defense industrial strategists
Theodore H Moran Manufacturer: School of Foreign Service, Georgetown University ProductGroup: Book Binding: Unknown Binding ASIN: B00071XZ6S |
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Globalization: What's New?
Michael M. Weinstein Manufacturer: Columbia University Press ProductGroup: Book Binding: Paperback ASIN: B000OPMOUA |
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Getting Results from your Analyst Relations Strategies
Louis Columbus Manufacturer: iUniverse, Inc. ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0595334628 |
Book Description
Getting Results From Your Analyst Relations Strategies takes the many myths and half-truths surrounding industry analysts and exposes them through real-world examples. Louis Columbus' eighteen years of IT experience and over three years as an industry analyst translates into valuable advice for anyone looking to make the most of their investment in industry analysts.Getting Results From Your Analyst Relations Strategies covers:
Getting Results From Your Analyst Relations Strategies exposes the many worst practices companies make when trying to get analysts onboard with their vision and plans.
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Getting Results From Your Analyst Relations Strategies takes the many myths and half-truths surrounding industry analysts and exposes them through real-world examples. Louis ColumbusCustomer Reviews:
Good Practical Book on Investor Relations.......2007-05-13
Good Best Practices.......2007-01-26
Useful checklists for managing analyst strategies.......2005-12-03
Excellent Introduction to High Tech Industry Analysts.......2005-06-13
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Soft Scale Insects : Volume 7B: Soft Scale Insects (International Congress Series)
Y. Ben Dou Manufacturer: Elsevier Science ProductGroup: Book Binding: Hardcover Similar Items: ASIN: 0444828435 |
Book Description
Hardbound.
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The Boy Will Come to Nothing!: Freud`s Ego Ideal and Freud as Ego Ideal
Leonard Shengold Manufacturer: Yale University Press ProductGroup: Book Binding: Hardcover ASIN: 0300056842 |
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