19 Jun David Blair demolishes Dambisa Moyo’s Winner Take All, a sloppy study of the Chinese economy. 23 Jul It was with a mix of trepidation and anticipation that I read Dambisa Moyo’s newly -released book, Winner Take All: China’s Race for Resources. We all know the world’s resources – the commodities that underpin our daily lives and economies – are scarce. But how many of us know what that really means.

Author: Barr Manris
Country: Egypt
Language: English (Spanish)
Genre: Science
Published (Last): 26 November 2014
Pages: 67
PDF File Size: 12.14 Mb
ePub File Size: 5.55 Mb
ISBN: 531-2-47712-217-1
Downloads: 53415
Price: Free* [*Free Regsitration Required]
Uploader: Maujin

Nor does she chart the use of new metals or the expansion of mining or increased yields reported from new strains of food seeds. Food protectionism mans lost potential food exports from countries in Africa and South America that could make a huge impact on employment and needed revenue. I tend to agree with her.

Unless China was able to pay prices above the market value which other countries were not able to match. Not only that, oil is held in reserve by national governments in order to smooth out price fluctuations in times of supply crises.

US could ‘be a socialist nation’. Moyo succinctly informed a questioner during her presentation on BookTV, the class room is one look, but reality is what you need; dambisa moyo winner take all often, as I quickly realized while taking some graduate courses, there is often no relationship between what is re Another book which should be read by our presidential candidates.

It is in this context dambisa moyo winner take all China is accelerating its energy consumption. She is an expert on Chinese domestic and foreign policy and U.

Thanks for telling us about the problem. This is up to us. Disaster is described as an immediate shortage of commodities and a dramatic price increase. She tackles another deeply interesting and relevant topic- China’s entrepreneurial efforts in the world and what implications it will dambisa moyo winner take all.

Moyo has the right background and great credentials to write such books. This book tells the story of the men and women of Fighter Command who worked tirelessly in air bases scattered throughout Britain to thwart the Nazis.


Winner Take All: China’s Race for Resources and What It Means for the World

Accessibility links Skip to article Skip to dambisa moyo winner take all. Instead, she barely mentions them: What will be the financial and geopolitical effect of all this? Well-researched and well-written book that is accessible for the masses. This page book is broken out in two parts: Finally, I was a bit puzzled by the conclusion.

Winner Take All Summary | Dambisa Moyo | PDF Download

But she opened up my eyes to an issue I didn’t know much about and hope to learn more about and try to impact in my future. While not an investment guide, this dambisa moyo winner take all provides valuable aall into the forces driving commodity markets. The author makes the point that the world does not have a plan of how to manage the limited resources of a growing population.

We saw this in with the housing bubble, and in with the tech bubble. The book covers all these issues, while clearly laying out the strategies that a national giant like China utilizes to dambisa moyo winner take all success in each and every one these fields. Large financial investors for example, pension funds and index funds were more likely to invest in commodities than the market traders.

Additionally, we need to be smarter about dambisa moyo winner take all and water. Where I f I enjoyed Winner Take All as an economics primer where the commodities markets are concerned; there was much attention given to dambisa moyo winner take all things as speculation in the commodities markets, when and how governments should intervene and what such intervention does to commodity prices.

Equally, there is no discussion of how the large excess capacity of Chinese industry fuels purchases of hard commodities beyond what the country really needs.

She claims, for example, that U. A little more engaging style would have made the book more enjoyable for readers. Who is giving up their title to these precious resources? From Britain’s transcontinental operations dating back to the end of the 16th century, to the rise of modern European and American transnational corporations between the mid ‘s and ‘s, the industrial revolution that powered these economies created a voracious demand for raw materials and created the need to go far beyond their native countries.


This is more than 2x larger than the next biggest reserves in Alaska and Saudi Arabia.

“Winner Take All” – A China Story? | The Diplomat

None of these assertions is really borne out under any scrutiny. Moyo bemuses with statements of the obvious and bewilders with dambisa moyo winner take all examples dambisa moyo winner take all mangled prose. Overall this is a worthwhile read, very well written and researched. While Moyo identifies these three issues as the central themes of her book, as the book progressed, it takes on other broad issues, namely: If a detailed breakdown including statistical charts is what you need, then this book will provide it, however, I did not find it to be a leisurely read for someone mmoyo has a passing interest in the subject.

I don’t understand the hypothesis that people should deprecate China’s global procurement and deem the trades between nations kind of pillage fambisa plunder. Moyo makes clear that what China, as a statist capitalist society can do, is, on occasion, more effective than a capitalist society’s ability, particularly when it can operate as a monosopymist.

Dambisa Moyo used to be a worker of Goldman Sachs, then she can explain from fer experience what’s going on within the commodities market, and forecast the future,or scenario in accordance with the recent trend.

When exactly is the tipping point? And perhaps this is a facet of the Chinese government you don’t know before. Winner Take All by Dambisa moyo winner take all Moyo: Apr 12, Johns rated it liked it. China’s global charge for commodities is a story of China’s quest to secure its claims on resource assets, and to guarantee the flow of inputs needed to continue to drive economic development.

And while asserting that China’s rambisa investment dambisa moyo winner take all infrastructure is what Africa needs, she totally avoids describing how that will translate into human development improvements including food and nutrition security.