Breakout Nations: In Pursuit of the Next Economic Miracles by Ruchir Sharma (April 9)
All that hype about rising economies like China's, Russia's, and Brazil's? This book says it's overblown. According to Ruchir Sharma, head of emerging markets at Morgan Stanley Investment Management, the world's up-and-coming economies have weaknesses that will slow them down, while the real rising stars -- think Indonesia, Nigeria, and Poland -- have been overshadowed.
Every Nation for Itself: Winners and Losers in a G-Zero World by Ian Bremmer (May 1)
As U.S. power wanes, FP blogger Ian Bremmer sees no strong candidates to assume America's leadership role on the world stage: China lacks the will, European countries lack the money, and rising economies such as Brazil, India, and Russia still face internal obstacles. Hence, the "G-zero" world. Bremmer explores what this shakeup will mean, predicting intensified conflict over financial regulation, trade, and climate issues.