False Economy: A Surprising Economic History of the World by Alan Beattie (Engli

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Why do oil and diamonds lead to economic disaster more often than boom? Why doesn't Africa grow cocaine? Why might believing in God be good for your balance-sheet? Using the stories of economic triumph and disaster, this title explains how some countries went wrong while others went right.

FORMATPaperback LANGUAGEEnglish CONDITIONBrand New Publisher Description

Why do oil and diamonds lead to economic disaster more often than boom? Why doesn't Africa grow cocaine? Why might believing in God be good for your balance-sheet?In 2001 Argentina's government bankrupted itself, yet for the past two hundred years it had enjoyed a vista of economic opportunity almost identical to that of the USA. Why did the USA succeed while Argentina stalled? Botswana and Sierra Leone are both blessed with abundant diamonds. Why did Botswana became the world's fastest-growing economy while Sierra Leone suffered a decade of brutal civil war?In False Economy, Alan Beattie uses extraordinary stories of economic triumph and disaster to explain how some countries went wrong while others went right, and why it's so difficult to change course once you're on the path to ruin.

Notes

Why do some countries succeed while others fail? What causes boom or bust? The World Trade Editor of the Financial Times explains how international economics really works. Funny, erudite and entertaining, as well as highly informative.

Author Biography

Born in Chester, Alan Beattie attended a local comprehensive school before graduating from Balliol College, Oxford, with a degree in history. After taking a master's degree in economics at Cambridge, he worked as an economist at the Bank of England and then joined the Financial Times in 1998. Currently the FT's world trade editor, he writes about economics, globalisation and development. He lives in London.

Details ISBN0141033703 Author Alan Beattie Year 2010 ISBN-10 0141033703 ISBN-13 9780141033709 Media Book Format Paperback Imprint Penguin Books Ltd Subtitle A Surprising Economic History of the World Place of Publication London Country of Publication United Kingdom Language English DEWEY 330.9 Pages 336 Short Title False Economy UK Release Date 2010-06-24 Publisher Penguin Books Ltd Publication Date 2010-06-24 Alternative 9780141929934 Audience Postgraduate, Research & Scholarly NZ Release Date 2010-06-27 AU Release Date 2010-06-27 We've got this

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