The Coming
Prosperity: How Entrepreneurs Are Transforming the Global Economy
Philip Auerswald discusses economic trends in an engaging
and entertaining manner
The "rise of the rest" is a subject of current
economic/political debate
Over the course of the next 25 years, it is estimated that nearly eighty percent of
global economic growth will originate in previously poor places. Large countries with
burgeoning populations such as China, India, and Brazil have economies that have
exponentionally grown over the last few decades, and projections indicate that they will
continue to do so for some time to come. While the challenge that this 'rise of the rest'
poses to the United States' current economic hegemony has risen concern amongst economists
and businesses.
In The Coming Prosperity, Philip Auerswald argues that the introduction of
the majority of the world's population into the global economy should be considered a
source of opportunity.
As technology spreads and communication between populations improves, more people will
have a greater opportunity to create economic value for themselves and society than ever
before. Auerswald asserts that the success of integrating developing populations and
societies into the global economy lies with the entrepreneur. Inventors, innovators, and
the creators of new ventures form the basis for future economic prosperity, and in the
developing world, where new technologies and global knowledge networks are being
introduced, the opportunities afforded to entrepreneurs are rapidly becoming available.
Auerswald links personal, social entrepreneurship narratives with a more global movement,
in which developing economies are not threats to the world's stability, but rather unique
opportunities to discover new pathways toward progress and the coming prosperity.
Readership: Students and scholars of global economics, comprative economics, and
economics of development. General readers interested in entrepreneurship and innovation,
international relations, and the economic growth of developing countries.
Table of Contents
Introduction: The Time of Our Lives
Part I: Strength in Numbers
Chapter 1 - Car Trouble
Chapter 2 - Demographic Dividends
Chapter 3 - I'm So Bored With the PRC
Chapter 4 - Positive Insurgencies
Part II: The Animating Element
Chapter 5 - Mobilizing the Masses
Chapter 6 - You Are What You Venture
Chapter 7 - The Way of the Empty Hand
Chapter 8 - Before Adam Smith
Chapter 9 - What's Good for GMEL
Part III: Participatory Prosperity
Chapter 10 - Time to be What Matters
Chapter 11 - Collaborative Advantage
Chapter 12 - From Passion to Purpose
Part IV: The Next America
Chapter 13 - Fear Itself
Chapter 14 - Left, RightELForward
Chapter 15 - You Ain't Seen Nothin' Yet
272 pages, Hardcover