Keys to Prosperity

In this summary you will learn

• What key factors drive prosperity in the global economy
• Why emerging markets, in particular, struggle during periods of social unrest
• Why free-trade agreements and open markets are essential to economic progress

getAbstract rating

Why you should read Keys to Prosperity

This entertaining and sharply written collection of essays surveys the essential elements needed to assure prosperity in the 21st-century global economy. Some of the essays are dated (the only major flaw here), and some of author Rudi Dornbusch’s predictions have already been proven wrong, but enough of his predictions are dead-on accurate that his views command attention. His policy prescriptions are rooted in the real world and grounded in practical experience. The region-by-region, nation-by-nation analysis is particularly intriguing and accentuates the clarity and accessibility of Dornbusch’s sophisticated - if sometimes controversial - economic arguments. getAbstract recommends this book as excellent reading for policymakers, investors and anyone interested in international markets and globalization.

About the Author

Rudi Dornbusch  is the Ford Professor of Economics and International Management at the Massachusetts Institute of Technology.