Borderless Economics: Chinese Sea Turtles, Indian Fridges and the New Fruits of Global Capitalism (Google eBook)

Front Cover
Macmillan, Nov 8, 2011 - Business & Economics - 256 pages
6 Reviews

Acentury ago, migrants often crossed an ocean and never saw their homelands again. Today, they call - or Skype - home the moment their flight has landed, and that's just the beginning. Thanks to cheap travel and easy communication, immigrants everywhere stay in intimate contact with their native countries, creating powerful cross-border networks.

In Borderless Economics, Robert Guest, The Economist's Business Editor, travels through dozens of countries and 44 American states, observing how these networks create wealth, spread ideas and foster innovation. He shows how:
* Brainy Indians in America collaborate with brainy Indians in India to build $70 fridges and $300 houses
* Young Chinese study in the West and then return home (where they're known as "sea turtles"), infecting China with ideas that will eventually turn it democratic
* The so-called "brain drain" - the flow of educated migrants from poorcountries to rich ones - actually reduces global poverty
*America's unique ability to attract and absorb migrants lets it tap into the energy of all the world's diaspora networks. So despite its current woes, if the United States keeps its borders open, it will remain the world's most powerful nation indefinitely.
With on-the-ground reporting from Asia, Africa, Europe and even Idaho, this book examines how migration, for the all the disruption it causes, makes the world wealthier and happier.


  

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LibraryThing Review

User Review  - HadriantheBlind - LibraryThing

Optimistic survey of the positive effects of globalization, be they economic or social or political. Closing you borders and foolish dreams of mercantilism or autarky will only hurt a nation and ... Read full review

Review: Borderless Economics: Chinese Sea Turtles, Indian Fridges and the New Fruits of Global Capitalism

User Review  - Samuela - Goodreads

Excellent book. Well researched, it is not overloaded with figures but every statement is backed up with the source. Very easy to read, the language is plain but elegant. I would recommend it to all ... Read full review

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About the author (2011)

Robert Guest is currently the Global Business Editor at The Economist. Before joining The Economist, he was the Tokyo correspondent for The Daily Telegraph. The winner of numerous awards, Guest is a regular on both the BBC and CNN. He is the author of The Shackled Continent.

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