About this item
Understanding the rise of state capitalism and its threat to global free markets The End of the Free Market details the growing phenomenon of state capitalism, a system in which governments drive local economies through ownership of market-dominant companies and large pools of excess capital, using them for political gain. This trend threatens America's competitive edge and the conduct of free markets everywhere. An expert on the intersection of economics and politics, Ian Bremmer has followed the rise of state-owned firms in China, Russia, the Arab states of the Persian Gulf, Iran, Venezuela, and elsewhere. He demonstrates the growing challenge that state capitalism will pose for the entire global economy. Among the questions addressed: Are we on the brink of a new kind of Cold War, one that pits competing economic systems in a battle for dominance? Can free market countries compete with state capitalist powerhouses over relations with countries that have elements of both systems-like India, Brazil, and Mexico? Does state capitalism have staying power? This guide to the next big global economic trend includes useful insights for investors, business leaders, policymakers, and anyone who wants to understand important emerging changes in international politics and the global economy.
About the Author
Ian Bremmer is the president and founder of Eurasia Group, the leading global political risk research and consulting firm. In 1998, Bremmer established Eurasia Group with just $25,000. At present, the company is the leading global political risk research and consulting firm, with offices in New York, Washington, and London, as well as a network of experts and resources in 90 countries. Eurasia Group provides analysis and expertise about how political developments and national security dynamics move markets and shape investment environments across the globe.Bremmer created Wall Street's first global political risk index (GPRI) . He is the founding chairman of the World Economic Forum's Global Agenda Council on Geopolitical Risk and is an active public speaker. He has authored several books including the national bestsellers Every Nation for Itself: Winners and Losers in a G-Zero World and The End of the Free Market: Who Wins the War Between States and Corporations? Bremmer is a contributor to the Financial Times A-List and Reuters.com. He has written hundreds of articles for publications including The Wall Street Journal, The Washington Post, The New York Times, Newsweek, Harvard Business Review, and Foreign Affairs. He appears regularly on CNBC, Fox News Channel, Bloomberg Television, National Public Radio, the BBC, and other networks.Bremmer earned a PhD in political science from Stanford University in 1994 and was the youngest-ever national fellow at the Hoover Institution. He is a global research professor at New York University and has held faculty positions at Columbia University, the EastWest Institute, and the World Policy Institute. In 2007, Bremmer was named a Young Global Leader of the World Economic Forum. His analysis focuses on global macro political trends and emerging markets, which he defines as "those countries where politics matter at least as much as economics for market outcomes."
