The Rise of the State : Profitable Investing and Geopolitics in the 21st Century

If you want to make money in the coming decade, you need to understand the two most powerful trends that are reshaping global markets right now: the growth of emerging economies, and the accelerating influence of sovereign wealth funds. Both trends share one crucial characteristic: they reflect the rising role of government actors, and make it more important for investors to understand geopolitics than ever before. These trends emerged well before the global financial and economic crisis, and that crisis has only strengthened them. In **The Rise of the State**, three leading investment advisors tell the hidden story of state investment power, and offer more than 70 specific investment recommendations you can start profiting from right now. The authors illuminate trends ranging from the new rise of Asia to the massive migration of individuals to cities worldwide - identifying implications and opportunities in areas ranging from energy to water, healthcare to education. You'll find powerful new insights into the surprising - and mostly positive - impact of sovereign wealth funds both within and outside the U.S. You'll also learn how to ride alongside these funds, understand their goals and strategies, and invest in the companies and industries they've identified as offering the greatest potential.

“A radical and challenging look at the future of the entire world economy, zooming in on specific investment recommendations. A tour de force.”

--PETER BRIMELOW, Columnist, MarketWatch

“No one can ignore this book’s central message: The global cultural, economic, military, and political hegemony of Europe and the U.S. is yielding to a new multipolar age in which entirely new countries will increasingly drive global, economic, and social trends. No one will be successful unless they recognize this new reality, which will reshape global industries. It’s all here in The Rise of the State. I call it an essential read and road map for real wealth building in the years to come.”

--ROGER S. CONRAD, Editor, www.UtilityForecaster.com

“As a financial journalist, I’ve been reading and reviewing investment books for nearly three decades. Few have been as thought-provoking as The Rise of the State. The authors provide a detailed assessment of the world’s most enduring investment trends along with the specific stocks that are best positioned to benefit from these trends. The Rise of the State will forever change the way you look at your portfolio.”

--STEVEN HALPERN, Editor, www.TheStockAdvisors.com

“Energy will be a big part of the future, and the authors give readers straight talk about the realities of our energy sources going forward. I have read, reported, and followed Elliott Gue’s writings, appearances, and advice for years. You would do well to read The Rise of the State,

and even better, to believe it.”

--SUSAN MCGINNIS, Managing Editor and Anchor, Clean Skies News

“The authors will get you thinking about world economies and markets in a whole new way. Provocative, enlightening, and well worth reading to help you navigate your financial future.”

--GEORGE KLEINMAN, President, Commodity Resource Corp.; Author, The New Commodity Trading Guide: Breakthrough Strategies for Capturing Market Profits

To earn profits in the coming decade, you must understand the two most powerful trends reshaping global markets: the growth of emerging economies and the accelerating influence of sovereign wealth funds. Both trends reflect the rising role of government and make geopolitics more important to investors than ever before.

In The Rise of the State, three leading investment advisors reveal the hidden story of growing state investment power and offer more than 70 specific, timely recommendations that flow from this enormous economic shift. They also illuminate trends ranging from the new rise of Asia to the massive migration of individuals into cities and identify resulting opportunities in areas ranging from energy to water, healthcare to education.

You’ll also find indispensable new insights into the growing impact of sovereign wealth funds, both within and outside the United States. The authors show how to ride alongside these funds, understand their goals and strategies, and profit from the companies and industries they’ve targeted.

• Investing in an era of unprecedented state power
  The massive new impact of government ownershipand sovereign wealth funds
• Why the rise of the state is a permanent, not short-term, reality
  How global financial crises will continue to strengthen the role of government
• The road to Pan-Asia and the rise of polycentrism
  What new economic power centers and the rise of Asia mean to investors
• BRIC and beyond: from creditors to owners
  How emerging economies are converting trade surpluses into ownership

A radical and challenging look at the future of the entire world economy, zooming in on specific investment recommendations. A tour de force" ---Peter Brimelow, Columnist, MarketWatch "No one can ignore this book's central The global cultural, economic, military, and political hegemony of Europe and the U.S. is yielding to a new multipolar age in which entirely new countries will increasingly drive global, economic, and social trends. No one will be successful unless they recognize this new reality, which will reshape global industries. It's all here in The Rise of the State. I call it an essential read and road map for real wealth building in the years to come."---Roger S. Conrad Editor, (http://www.UtilityForecaster.com) www.UtilityForecaster.com "As a financial journalist, I've been reading and reviewing investment books for nearly three decades. Few have been as thought-provoking as The Rise of the State. The authors provide a detailed assessment of the world's most enduring investment trends along with the specific stocks that are best positioned to benefit from these trends. The Rise of the State will forever change the way you look at your portfolio."---Stevenhalpern, Editor, (http://www.TheStockAdvisors.com) www.TheStockAdvisors.com "Energy will be a big part of the future, and the authors give readers straight talk about the realities of our energy sources going forward. I have read, reported, and followed Elliott Gue's writings, appearances, and advice for years. You would do well to read The Rise of the State, and even better, to believe it."---St. San Mcginnis Managing Editor and Anchor, Clean Skies News "The authors will get you thinking about world economies and markets in a whole new way. Provocative, enlightening, and well worth reading to help you navigate your financial future" Georege Kieinman, President, Commodity Resource Corp; Author The New Commodity Trading Guide; Breakthrough Strategies for Capturing Market Profits To earn profits in the coming decade, you must understand the two most powerful trends reshaping global the growth of emerging economics and the accelerating influence of sovereign wealth funds. Both trends reflect the rising role of government and make geopolitics more important to investors than ever before. In The Rise of the State, three leading investment advisors reveal the hidden story of growing state investment power and offer more than 70 specific, timely recommendations that flow from this enormous economic shift. They also illuminate trends ranging from the new rise of Asia to the massive migration of individuals into cities and identify resulting opportunities in areas ranging from energy to water, healthcare to education. You'll also find indispensable new insights into the growing impact of sovereign wealth funds, both within and outside the United States, The authors show how to ride alongside these funds, understand their goals and strategies, and profit from the companies and industries they've targeted. FT Press Contents 6 Past and Prologue 12 Chapter 1 Tectonic Shifts 20 Peace and Prosperity 21 State Capitalism 23 The Great Game 25 Polycentricism 30 Dividing the World 34 Chapter 2 The Wealth of Sovereigns 38 Welcome to America 41 The Next New Order 49 Chapter 3 The Road to Pan-Asia 58 Arabian Knights 60 Vanguard of the Middle Kingdom 66 East Is East 72 Chapter 4 Rumble in the Jungle 78 China on the Lead 83 Of Tigers and Bears 88 Chapter 5 A New Oil Age 94 Oil for Transportation 97 The American Roadmap 99 The New Oil Age 102 The Supply Constraint 105 The Death of Cantarell 109 Fallen Giants 113 Chapter 6 To the Ends of the Earth 122 Brazil: King of the Deep 126 The Deepwater Gulf 129 West Africa 130 Going Unconventional 132 Russia, Iraq, and Iran 137 Beyond the Producers 141 Shifting East 143 Chapter 7 Natural Gas: The 21st-Century Fuel 146 Electricity and Industrial 147 The Gas Choice 151 Liquid Energy 161 Unconventional Boom 165 The Conventional Choice 169 Chapter 8 Coal: The World’s Workhorse 174 Steam and Met 175 Environmental Issues 180 Supplying the Demand 185 Chapter 9 The Other Energy 192 Nuclear and Hydroelectric 194 Wind and Solar 202 Chapter 10 Water Is Money 210 A Closer Look at Asia 212 The Water Investment Theme Is Under Way 214 Demand Reduction 218 Improve Efficiencies 223 Fishing Profits 225 Chapter 11 Back to the Future 232 China Shortens the Distance 233 Faster, Longer, Heavier 239 A Race Against Time 242 Beyond Rail 246 Chapter 12 Age, Youth, and Upward Mobility 250 China Changes Its Course 253 Pharma’s Opportunity 254 Big Pharma Still Strong 257 Medical Products and Services 260 The Time for Education 263 The Chinese Opportunity 267 Other Asian Educators 269 Chapter 13 The Asian Frontiers: Mongolia, Cambodia, Vietnam 272 Mongolia 274 Thirty Years After 280 Vietnam’s Doi Moi 286 Index 292 A 292 B 293 C 293 D 294 E 295 F 296 G 296 H 297 I 297 J 298 K 298 L 299 M 299 N 299 O 300 P 301 Q-R 302 S 302 T 304 U 304 V 305 W 305 X-Y-Z 305 9780137153879,0137153872 To earn profits in the coming decade, you must understand two enormous trends reshaping global markets: the growth of emerging economies and accelerating influence of sovereign wealth funds. This book reveals the hidden story of growing state investment power, and offers 70+ specific, timely investment recommendations flowing from it. To earn profits in the coming decade, you must understand the two most powerful trends reshaping global markets: the growth of emerging economics and the accelerating influence of sovereign wealth funds. Both trends reflect the rising role of government and make geopolitics more important to investors than ever before You'll also find indispensable new insights into the growing impact of sovereign wealth funds, both within and outside the United States, The authors show how to ride alongside these funds, understand their goals and strategies, and profit from the companies and industries they've targeted. --Book Jacket