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Title: The World in 2020: Power, Culture and Prosperity by Hamish McRae ISBN: 0-87584-738-2 Publisher: Harvard Business School Press Pub. Date: September, 1996 Format: Paperback Volumes: 1 List Price(USD): $19.95 |
Average Customer Rating: 3.33 (3 reviews)
Rating: 1
Summary: This book is quite informative but...
Comment: All the reviews of this book that I read included the words "Well written". This book has a good language, and includes good information on several parts of the world. But it still lacks something. I believe that Hamish McRae has not put enough stress on some very important economic regions, such as South East Asia (the Indian SubContinent), Eastern Europe and Eastern Africa. The only reason why that could be is because of incomple research. This lets the readers draw wrong conclusions about these parts. I would not recommend this book to a friend or use it for any sort of research.
Rating: 5
Summary: Future Developments in International Finance
Comment: Hamish McRae claims the impetus for writing this book stemmed from a question asked while presenting at a conference in Oxford in 1991. The question poised was "What good books are available on the future developments in international finance?" McRae's inability to answer this question inspired him to write the book, "The World in 2020."
His book is divided into three parts. The first part, "Where the World Stands Now" provides answer to issues such as; what makes countries grow, the importance of growth, how does growth happen, the new motors of growth, and measuring efficiency. McRae also provides an in-depth look at North America: The Giant Retreat, Europe: The Babble of Many Tongues and East Asia: The Fragile Boom, as these issues relate to these geographical areas of the world.
McRae uses the second part of the book to discuss "The Forces for Change." Besides examining forces already know, McRae explores other factors such as; age and growth, the differences between older and younger societies, the 'haves' and 'have-nots', and other demographic issues. McRae also discusses resources and the environment, trade and finance, technology, and government and society.
In conclusion, McRae utilizes the third part of the book to share his vision of "The World in 2020." He sees the United States remaining as the only superpower but with tremendous growth in East Asia and Europe. McRae makes suggestions on which countries may or may not prosper in the years ahead based upon their political, social and environmental conditions and the events in a global market.
As a doctoral student at Pepperdine University with interests in education, technology and future trends, I highly recommend this book to all that share these interests. I enjoy Hamish McRae's open, objective and informative view of the future. The book is packed full of many insightful tid-bits of information and avoids making pessimistic or optimistic exaggerations about the future to promote a personal agenda. Read and enjoy, and thank you Hamish McRae!
Rating: 4
Summary: Social responsibility and creativity yield economic success
Comment: Hamish McRae, a financial columnist for London's Independent, presents a 26-year forecast of the industrialized nations. Avoiding either the pessimist's or optimist's camps, McRae's vision is based on a reasonable assessment of where the industrialized -- and those nations soon to be industrialized -- are at present, an evaluation of the forces acting on those nations, and where those pressures might reasonably lead.
Although the title was originally published in 1994, surprisingly little is noticeably out of date, a tribute to McRae's restraint and the cogency of his thesis: that social responsibility and creativity are the fundamentals of future growth. Nations and their allies who can throttle back on short-term consumption, a form of social responsibility, will enjoy sustainable long-term success. Their less providential counterparts are destined for declining quality of life.
The world of 2020 is divided, like Caesar's Gaul, into three parts: North America, East Asia, and Europe. The leading economy will likely be in Asia fueled by a culture of work and thrift and China's emergence as the world's dominant economy. Europe, stimulated by economic cooperation and a culture of thrift, is expected to be the second power, with North America - oddly omitting Mexico as part of the continent - trailing largely due to a spendthrift nature. North America's ace in the economic hole is its creativity with global demand for entertainment and education increasing.
While there seems to be little chance, in McRae's opinion, of widespread calamity or global war, the generation leading the world into 2020 may be the last generation to avoid such problems as pressures affecting stability increase.
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Title: The Third Wave by Alvin Toffler ISBN: 0553246984 Publisher: Bantam Pub. Date: 01 May, 1984 List Price(USD): $7.99 |
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Title: Future Shock by Alvin Toffler ISBN: 0553277375 Publisher: Bantam Pub. Date: 01 June, 1984 List Price(USD): $7.99 |
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Title: Probable Tomorrows : How Science and Technology Will Transform Our Lives in the Next Twenty Years by Marvin Cetron, Owen Davies ISBN: 0312154291 Publisher: St. Martin's Press Pub. Date: 15 May, 1997 List Price(USD): $24.95 |
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Title: War and Anti-War:Making Sense of Today's Global Chaos by Alvin & Heidi Toffler ISBN: 0446602590 Publisher: Warner Books Pub. Date: 01 May, 1995 List Price(USD): $7.99 |
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Title: Powershift : Knowledge, Wealth, and Power at the Edge of the 21st Century by Alvin Toffler ISBN: 0553292153 Publisher: Bantam Pub. Date: 01 November, 1991 List Price(USD): $7.99 |
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