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Konstantin

State College, PA, United States | Member Since 2012

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HELPFUL VOTES
  • 2 reviews
  • 8 ratings
  • 73 titles in library
  • 0 purchased in 2014
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  • Breakout Nations: In Pursuit of the Next Economic Miracles

    • UNABRIDGED (12 hrs and 21 mins)
    • By Ruchir Sharma
    • Narrated By Alan Sklar
    • Whispersync for Voice-ready
    Overall
    (26)
    Performance
    (18)
    Story
    (20)

    After a decade of rapid growth, the world’s most celebrated emerging markets are poised to slow down. Which countries will rise to challenge them? To identify the economic stars of the future, we should abandon the habit of extrapolating from the recent past and lumping wildly diverse countries together. We need to remember that sustained economic success is a rare phenomenon. As an era of easy money and easy growth comes to a close, China in particular will cool down.

    Konstantin says: "Great overview of developing economies"
    "Great overview of developing economies"
    Overall
    Performance
    Story
    Any additional comments?

    After listening to this book, I feel that I understand the developing world much better. I totally agree with everything the author said about my home country -- Russia. This makes me think that what he says about other countries is also quite true. The author carefully examines each country and provides a lot of facts, which he thinks are important in making investment decisions in these countries. If I am to talk about Russia, I would probably use the same facts as he provided in the book.

    1 of 1 people found this review helpful
  • Ship of Fools: How Stupidity and Corruption Sank the Celtic Tiger

    • UNABRIDGED (7 hrs and 47 mins)
    • By Fintan O'Toole
    • Narrated By Roger Clark
    • Whispersync for Voice-ready
    Overall
    (24)
    Performance
    (9)
    Story
    (9)

    Between 1995 and 2007, the Republic of Ireland was the worldwide model of successful adaptation to economic globalisation. The success story was phenomenal: a doubling of the workforce; a massive growth in exports; a GDP that was substantially above the EU average. Ireland became the world's largest exporter of software and manufactured the world's supply of Viagra. But there were two big problems....

    Derek says: "Never Trust An Irish Bank Again"
    "Good for getting a view on Irish politics/econ"
    Overall
    Performance
    Story
    Would you recommend this audiobook to a friend? If so, why?

    If you would like to get a view on what is going in Irish politics and economics (and demystify the celtic tiger phenomenon), this book is a good source. The problem with the story is that the author didn't separate two things: corruption and cronyism on the one side, and market economy and small government on the other side. It looks like he implicitly assumes that the lack of regulation is a very bad thing per se. While defending this stance might take another book, he should have explicitly articulated his views in this book. It is important, because it is an accepted view that the Irish economy grew so fast due to the small government. Which means that not everything was that bad in the deregulated Irish economy.


    0 of 0 people found this review helpful

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