Losing Control

The Emerging Threats to Western Prosperity

Stephen D. King

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A hard-hitting analysis of the future of the global economy and what it means for the Western way of life

In this vividly written and compellingly argued book, economist Stephen D. King suggests that the decades ahead will see a major redistribution of wealth and power across the globe that will force consumers in the United States and Europe to stop living beyond their means.
 
“In this intellectually stimulating and excellently written book, Stephen King explores the implications of the end of western hegemony for the ability of the erstwhile rulers of the world to sustain their standards of living. The rising competition from new players and the growing scarcity of resources will, he argues, squeeze the west hard. It will have to adapt. It will not find it easy to do so.”—Martin Wolf, Chief Economics Commentator, Financial Times

Stephen D. King is Senior Economic Adviser at HSBC. He has also been a specialist adviser to the House of Commons Treasury Committee.

“This is an important volume.”—John Arlidge, Sunday Times

"I’ve not come across another book which so forcefully gives the European or American reader a China-centred view rather than a western-centric one…A disorientating and thought-provoking perspective."— Diane Coyle, The Enlightened Economist

“Mr. King lays out his arguments in accessible and engaging prose. He is a lively writer with a deft eye for catchy historical analogies.” — The Economist

 

"Intellectually stimulating and excellently written."— Martin Wolf, chief economics commentator, Financial Times

‘HSBC’s Chief Economist Stephen King spells out in more detail what this shift in global economic power could mean to all of us, in his scary but excellent new book, Losing Control.’ — Stephanie Flanders, BBC Economics Editor

"In this intellectually stimulating and excellently written book, Stephen King explores the implications of the end of western hegemony for the ability of the erstwhile rulers of the world to sustain their standards of living. The rising competition from new players and the growing scarcity of resources will, he argues, squeeze the west hard. It will have to adapt. It will not find it easy to do so."— Martin Wolf, Chief Economics Commentator, Financial Times

'King writes fluently and well, pepping up his argument with entertaining anecdotes and little-known facts…King will provide a dose of realism.' — Larry Elliot, The Guardian

'This is an important book that identifies serious dangers facing Europe and the US…This is a stimulating and provocative book and is certainly worth reading.' — David Kern, The Business Economist

"The book is well written and, in places, surprisingly funny: King throws in self-depreciating personal anecdotes to lighten an otherwise sombre tale…King’s standing and knowledge allow him to provide a wider context…. An accessible and informed take on the changes taking place in developed and developing economies – and recommended reading for players in both."—Tim Burke, EMEA Finance

“….the book is a thought- provoking addition to the recent globalization literature.”—Joel Campbell, International Affairs 87:3

"This book raises issues of wide significance for the future of the global political economy."—C. J. Talele, Choice
ISBN: 9780300236941
Publication Date: May 29, 2018
304 pages, 5 x 7 3/4
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