Borderless economics : Chinese sea turtles, Indian fridges, and the new fruits of global capitalism

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, 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. *indian Diasporas, Having Long Brought Western Technology To Their Home Countries, Are Now Bringing Indian Technology To The West. They've Already Developed $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-- Robert Guest. Includes Bibliographical References And Index. "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, 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. *Indian diasporas, having long brought western technology to their home countries, are now bringing Indian technology to the West. They've already developed $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"-- Provided by publisher Acentury ago, migrants often crossed an ocean and never saw their homelands again. Today, they callor Skypehome the moment their flight has landed, and thats 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. In Borderless Economics, Robert Guest, The Economists Business Editor, travels through dozens of countries and 44 American states, observing how these networks create wealth, spread ideas and foster innovation. He shows Brainy Indians in America collaborate with brainy Indians in India to build $70 fridges and $300 houses* Young Chinese study in the West and then return home (where theyre known as sea turtles), infecting China with ideas that will eventually turn it democratic* The so-called brain drainthe f The curse of isolation Migrationomics: How moving makes us richer Bridges to China: Tales from the world's greatest diaspora Diaspora politics: How the sea turtles will turn China democratic Networks of innovation: How migrants can cut your medical bills Networks of trust: How the brain drain reduces global poverty Networks of hate: Genocide, terrorism and crime "A Ponzi scheme that works": Why migrants choose America The hub of the world: Why America will remain number one A mobile world. Robert Guest, The Economist's global business editor, observes how migrant networks create wealth, spread ideas, & foster innovation. From how Chinese studying abroad bring home democratic idea to why the brain drain reduces poverty, Borderless Economics is a fascinating look at how migration makes the world wealthier & happier. Introduction Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Conclusion Notes Index