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The New Wealth of Nations by Surjit S. Bhalla - 2018 - Hardcover
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Standort: Saint Cloud, Minnesota, USA
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eBay-Artikelnr.:165859021463
Artikelmerkmale
- Artikelzustand
- Personalize
- No
- Type
- Novel
- Signed
- No
- Custom Bundle
- No
- Ex Libris
- No
- Narrative Type
- Nonfiction
- Personalized
- No
- Features
- Dust Jacket
- Intended Audience
- Adults
- Inscribed
- No
- Vintage
- No
- ISBN
- 9789386797025
Über dieses Produkt
Product Identifiers
Publisher
Simon & Schuster India
ISBN-10
938679702X
ISBN-13
9789386797025
eBay Product ID (ePID)
12038816126
Product Key Features
Book Title
New Wealth of Nations
Number of Pages
320 Pages
Language
English
Publication Year
2018
Topic
Economic History, Globalization, Development / Economic Development, General, Economics / General, Economics / Theory
Illustrator
Yes
Genre
Education, Business & Economics
Format
Hardcover
Dimensions
Item Height
1 in
Item Weight
15.2 Oz
Item Length
9.2 in
Item Width
6 in
Additional Product Features
LCCN
2017-350888
TitleLeading
The
Dewey Edition
23
Dewey Decimal
331.11
Synopsis
The emerging world was poor and illiterate just forty years ago. Today, over 70 per cent of the world's middle class resides in the erstwhile poor countries; world income inequality is down to levels last observed in 1870; and there has been a large reduction in absolute poverty. What accounts for such rapid development and catch-up? Distinguished economist Surjit S. Bhalla's The New Wealth of Nations offers a short answer--the spread of education . The very large increase in college graduates in the non-Western world, the growing educational achievements of women, and the radical change in gender roles is critical to the understanding of current-day mega-trends. Indeed, this unprecedented development--which creates competition globally and lowers employment costs--is also why world inflation has been low, and declining, for nearly twenty years. Here is a book that breaks new ground. Besides identifying the fallacies in anti-globalization rhetoric--voiced by Brexit and Trump supporters--it points out a major lacuna in current attempts to measure wealth inequality. Through a series of compelling arguments, anecdotes, studies, calculations, tables, and charts, Bhalla emphatically reminds us that education is the new wealth, and is, in fact, currently of a greater magnitude than financial wealth, and much more equally distributed. Even while acknowledging the giant strides made by the developing world, The New Wealth of Nations investigates the downsides to the explosion of education and technology, and why countries, rich and emerging, will have to explore options like basic income and negative income tax, so that a new welfare order, appropriate for the changed--and changing--21st century can emerge. * Surjit S. Bhalla has been recently appointed as a member of PM Modi's Economic Advisory Council, and his new work is a ground-breaking achievement that argues for a new welfare order across nations which is better suited for the constantly transforming time we live in. * Through a series of compelling arguments, anecdotes, studies, calculations, tables, and charts, noted economist Surjit S. Bhalla establishes in his latest book that education is the new wealth of nations. * This book offers insights into the definitions of the poor, the middle class, and the rich, while relating each of these to advances in schooling attainment. It explores the economic reasons behind the political success of globalization in the Western world till the early 2000s, and now its fall from grace in these same countries as notably evidenced by Brexit and the rise of Donald Trump. * Releasing for authors UK visit in February 2018.
LC Classification Number
HD82
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