How the West Was Lost, Dambisa Moyo
How the West Was Lost, Dambisa Moyo
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How the West Was Lost
Fifty Years of Economic Folly---and the Stark Choices Ahead

Author: Dambisa Moyo

Narrator: Anne Flosnik

Unabridged: 8 hr 10 min

Format: Digital Audiobook Download

Publisher: Tantor Media

Published: 02/17/2011

Synopsis

In How the West Was Lost, the New York Times bestselling author Dambisa Moyo offers a bold account of the decline of the economic supremacy of the West. She examines how the West's flawed financial decisions and blinkered political and military choices have resulted in an economic and geopolitical seesaw that is now poised to tip in favor of the emerging world. As Western economies hover on the brink of recession, emerging economies post double-digit growth rates. And whereas in the past, emerging economies lived and died by America's economic performance, now they look to other emerging countries to buy their goods and fuel their success.

Formerly a consultant for the World Bank and an investment banker specializing in emerging markets at Goldman Sachs, Moyo daringly claims that the West can no longer afford to simply regard the up-and-comers as menacing gate-crashers. How the West Was Lost reveals not only the economic myopia of the West but also the radical solutions that it needs to adopt in order to assert itself as a global economic power once again.

About Dambisa Moyo

Dambisa Moyo is the New York Times bestselling author of How the West Was Lost and Dead Aid. Born and raised in Lusaka, Zambia, Moyo completed a PhD in economics at Oxford University and holds a master's degree from Harvard University's John F. Kennedy School of Government. She worked for the World Bank as a consultant, and also worked at Goldman Sachs for eight years. In 2009, Time magazine named her one of the "100 most influential people in the world." Her writing frequently appears in the Financial Times, the Economist, the Wall Street Journal, and other publications.

Reviews

Goodreads review by Nigel on January 31, 2013

Reading this book was a little like having a dinner party and listening to a know-it-all who can tell you a million reasons why the world is going to shit in a hand basket and, worse, a million different remedies. Many of those remedies are so drastic that a few of the guests choke on their steak wh......more

Goodreads review by Jeremiah on October 16, 2019

What a great summary of the prevailing issues that America’s economy is facing and how it got there. This is more than a academic book, it touches on real life facts and problems with education, war, debt, and housing to name a few. You will learn a lot from this book and it is all supported by refe......more

Goodreads review by Noah on January 17, 2025

This was book number 1 for me of a Book-A-Week Summary challenge I'm setting for myself this year (started a week late here in Jan). It's all about training myself to draw out the thesis of a work and the most salient points/data. It'll be a learning experience for me, undoubtedly. With this one, I......more

Goodreads review by Jeremy on March 16, 2011

A must read for any socially aware citizen... Moyo presents a clear picture of how the west, USA specifically, lost their economic superiority to the emerging "rest" through systematically implementing myopic economic policies over the last three decades. From the tech boom in Asia of the early 80's t......more

Goodreads review by Stefanie on October 10, 2014

Great explanations about the financial crisis and the US-construction policies. Explains how allocation of capital is either beneficial on the long-term or not. In addtion, it explains the general differences between the econo-political systems in China, USA, Russia, Europe and the rest of the world......more

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