Turnaround: Third World Lessons for First World Growth by Peter Blair Henry

Turnaround: Third world lessons on growth

Turnaround: Third World Lessons for First World GrowthIn an era when the tribulations of Greece, Spain and Cyprus dominate our financial news, and the phrases “Made in the USA Recession” or “Eurozone Crisis” are on everyone’s lips, it’s sometimes surprising to note the significant financial discipline and high growth rates that have come to dominate much of the developing world. Once derided as “Banana Republics” or sources of the “Asian Flu” many less-developed nations have now turned the tables on the economically-challenged industrial world. This jarring juxtaposition lies at the heart of Peter Blair Henry’s new book Turnaround: Third World Lessons for First World Growth.

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