7 of 7 people found the following review helpful:
4.0 out of 5 stars
I can never read the world business news the same way again., July 26, 2007
This is the penultimate insiders view of the world economy as Altman ( a serious business journalist with a PhD.), lets you peek inside the worlds of a dozen decision maker/influencers/ordinary people in many countries, in the same24 hr period. Fascinating and much more insightful than The World is Flat. I can never read the world business news the same way again. It caused me to renew my online The Economist subscription. I appreciated the inside views on currency exchanges, credit and inflation. The story of Haier in China - delightful vignettes. I had forgotten how much Japan lacked competition until pointed out by Altman. The background on why the US will continue to force its dollar lower is worth the book price. The story about the plight of Chinese peasants really pulls at your gut. A must read, it is topical, thought provoking and appropriate for our market planning.
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2 of 2 people found the following review helpful:
4.0 out of 5 stars
You do the Thinking: Lessons on Global Economics, November 11, 2007
By now, we all know that "The World is Flat", and globalization (whatever that really means), is a fact, like it or not. But do we really understand global connections? In this interesting production of 14 magazine formatted articles - interjected with educational pieces on credit markets and currency, world stock markets, and oil's economic importance - economic writer, Daniel Altman asks the reader to do some thinking about how the global economics work. Altman asks 14 different questions with regard to global economics, and then does some educating on the subject using real time (15 June 2005) situations to argue both sides of the question.
If you are interested in, "Who really controls the world's money supply?" or, "Is immigration a luxury or a necessity?" then you will find this book of interest. Altman does not attempt to connect the dots for you, but the questions and the stories should give you `food for thought' about the development of our global economy. As the book is constructed using an article format, it is an easy read, even if the subjects are a bit on the `heavy' side. If you are a fan of The Economist magazine, this is a book for you.
Dennis DeWilde, author of
"The Performance Connection"
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6 of 8 people found the following review helpful:
4.0 out of 5 stars
Seems like a string of 14 newspaper articles beefed up and made into a book. A fun read!, May 1, 2007
The author is a journalist with a doctorate in economics from Harvard. He's written a nice book on the global economy. It's a fun read, and an easy read. Some will agree with him. While some won't. But at least the book gets one thinking.
Besides blurbs on credit markets & currency, stock markets, and oil, the book has 14 chapters as follows:
1. When does working together really work?
2. Can governments make global markets more competitive?
3. Do multinational companies bring progress or problems abroad?
4. What determines the global economic pecking order?
5. Who really controls the world's money supply?
6. What does corruption cost?
7. How important are financial markets to economic growth?
8. Is the financial system becoming more vulnerable to the actions of a few?
9. Which comes first, political or economic stability?
10. Can the United States set the global economy's rules?
11. Is immigration a luxury or a necessity?
12. Does it help the economy when ideas have owners?
13. Can a poor country get rich too quickly?
14. Do disruptive shocks help the economy in the long term?
I can't say I had a favorite chapter. And I agreed with some of the thoughts and disagreed with others. But I enjoyed reading the stories included. 4 stars!
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