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Winner Take All

China's Race for Resources and What It Means for the World

Winner Take All Open the full-size image

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By Dambisa Moyo

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Price

$11.99

Format

Format:

  1. ebook $11.99
  2. Trade Paperback $16.99

This item is a preorder. Your payment method will be charged immediately, and the product is expected to ship on or around June 5, 2012. This date is subject to change due to shipping delays beyond our control.

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Commodities permeate virtually every aspect of modern daily living, but for all their importance — their breadth, their depth, their intricacies, and their central role in daily life — few people who are not economists or traders know how commodity markets work. Almost every day, newspaper headlines and media commentators scream warnings of impending doom — shortages of arable land, clashes over water, and political conflict as global demand for fossil fuels outstrips supply. The picture is bleak, but our grasp of the details and the macro shifts in commodities markets remain blurry.

Winner Take All is about the commodity dynamics that the world will face over the next several decades. In particular, it is about the implications of China’s rush for resources across all regions of the world. The scale of China’s resource campaign for hard commodities (metals and minerals) and soft commodities (timber and food) is among the largest in history. To be sure, China is not the first country to launch a global crusade to secure 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 1860’s and 1870’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.

So too is China’s resource rush today. Although still in its early stages, already the breadth of China’s operation is awesome, and seemingly unstoppable. 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. Moyo, an expert in global commodities markets, explains the implications of China’s resource grab in a world of diminishing resources.

Genre:

On Sale
Jun 5, 2012
Page Count
240 pages
Publisher
Basic Books
ISBN-13
9780465029327

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Dambisa Moyo

About the Author

Dambisa Moyo is a prizewinning author of the New York Times bestsellers Edge of Chaos, Winner Take All, and Dead Aid, and she was named one of the “100 Most Influential People in the World” by Time magazine. Moyo regularly contributes to the Wall Street Journal and Financial Times. She lives in New York City and London.

Learn more about this author