☆ The Power of Productivity: Wealth, Poverty, and the Threat to Global Stability ✓ PDF Download by ↠ William W. Lewis eBook or Kindle ePUB free

• Title : The Power of Productivity: Wealth, Poverty, and the Threat to Global Stability
• Author : William W. Lewis
• Rating : 4.79 (908 Vote)
• Publish : 2016-3-20
• Format : Hardcover
• Pages : 370 Pages
• Asin : 0226476766
• Language : English

Copyright © Reed Business Information, a division of Reed Elsevier Inc. Lewis concludes by explaining how various factors, including education, government controls and cooperation among countries, will play a part in future international economic stability. All rights reserved. The author's examina

Copyright © Reed Business Information, a division of Reed Elsevier Inc. Lewis concludes by explaining how various factors, including education, government controls and cooperation among countries, will play a part in future international economic stability. All rights reserved. The author's examination of American domestic productivity is also clear and accessible: in the 1990s, growth occurred in only six sectors, including four technological areas—security brokers, microprocessors, computer assembly and mobile telephone services. The specific country-by-country distillations are easily understood, regardless of one's familiarity with economic theory, and readers will not be surprised by Lewis's discussion of the thriving Japanese economy, successful largely because of its domination of the automobile market. . From Publishers Weekly Lewis, founding director of the McKinsey Global Institute and former partner at McKinsey & Company, offers a detailed look at the local economies in several parts of the world including the U.S., Japan, India and Brazil. As evidenced by the tech bubble, slowed growth in these fields has hurt the economy. Lewis and hi

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Lewis, the director emeritus of the McKinsey Global Institute, here draws on extensive microeconomic studies of thirteen nations over twelve years—conducted by the Institute itself—to counter virtually all prevailing wisdom about how best to ameliorate economic disparity. To address this tenacious poverty, a vast array of international institutions has pumped billions of dollars into these nations in recent decades, yet despite this infusion of capital and attention, roughly five billion of the world's six billion people continue to live in poor countries. The chronic poverty of many nations affects more than the citizens and economies of those nations; it threatens global stability as the pressures of immigration become unsustainable and rogue nations seek power and influence through extreme political and terrorist acts. Lewis's research, which included studying everything from state-of-the-art auto makers to black-market street vendors and mom-and-pop stores, conclusively demonstrates that, contrary to popular belief, providing more capital to poor nations is not the best way to help them. Policies must be enacted in developing nations that reflect a consumer rather than a producer mindset and an attendant sense of consumer rights. Rather, the key to improving economic conditions in poor c