Juggernaut: How the Rise of Developing Countries is Reshaping the World Economy

Against the long sweep of economic history, the current moment is unique. Living standards have advanced so rapidly and across so many countries over the last decade that it is difficult to think of parallels, and even the deepest recession since the Great Depression has not halted the progress. In Juggernaut, Uri Dadush and William Shaw explore the major trends associated with the rise of developing countries, including increased manufacturing, expansion in world trade, and, ultimately, improved living and working conditions, as well as the broad challenges those trends pose.