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Borderless Economics: Chinese Sea Turtles, Indian Fridges and the New…
by Robert Guest
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Amazon.com Product Description (ISBN 0230113826, Hardcover)
Acentury ago, migrants often crossed an ocean and never saw their homelands again. Today, they call - or Skype - home the moment their flight has landed, and that's just the beginning. Thanks to cheap travel and easy communication, immigrants everywhere stay in intimate contact with their native countries, creating powerful cross-border networks.
(retrieved from Amazon Thu, 12 Mar 2015 18:19:06 -0400)
"Today, thanks to the ease of technology and travel, we enjoy unprecendented levels of interconnectedness. Societies are increasingly mobile, and immigrant populations maintain strong ties with their native countries, allowing for an unbroken chain of innovation and knowledge that stretches all the way back home. Robert Guest, Global Business Editor for The Economist, shows how today's tribal networks transcend national borders, and how they are shaping the global community in unforeseen ways, including so-called "Chinese sea turtles"; young Chinese who come to the West for college before returning to China who eagerly absorb democratic ideals along with their technical training. Now, as they assume leadership positions in Chinese government and business, they will slowly turn China democratic. Brainy Indians in the United States collaborate with brainy Indians in India to build $70 refrigerators and $2,000 cars; their frugal innovations and managerial know-how are about to turn the global economy on its head. In a world where trade, trust, and information flow through ethnic networks, the nation that values open borders and encourages the growth of its diaspora populations will be the superpower of the twenty-first century. With on-the-ground reporting from dozens of countries, this is a timely look at the forces greater than national boundaries, and how they can be harnessed to move the whole planet forward"--
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