The bestselling author of Dead Aid traces the decline of the western worldís economic supremacy and offers radical solutions.

Acclaimed author Dambisa Moyo gives a fresh insider's perspective on the erosion of Western power over the past 50 years. She examines how the West's flawed financial decisions and blinkered political and military choices have resulted in an economic recession and geopolitical seesaw that is now poised to favour emerging markets.

Formerly a consultant for the World Bank and an investment banker specializing in emerging markets at Goldman Sachs, Moyo is uniquely positioned to examine the errors of the US, Europe and Canada and the techniques the emerging countries used to rise on the global economic stage. How the West Was Lost reveals the myopia of the Western world but also the radical solutions that it needs to adopt in order to reassert itself as a global economic power and reverse the current economic crisis.

A media star, Moyo was featured in Oprah Winfrey's power list of 20 remarkable visionaries, and Time magazine named her as one of the world's 100 most influential people.

Born and raised in Zambia, Dambisa Moyo received a Ph.D. in economics from Oxford University and a master's degree from Harvard University's John F. Kennedy School of Government. A former consultant for the World Bank and an investment banker specializing in emerging markets at Goldman Sachs, she is the author of the New York Times bestseller Dead Aid.

Dambisa Moyo's profile page

"In her new book, How the West Was Lost, [Moyo] expands that critique [started in Dead Aid], treating the housing bubble at the root of the recent financial crisis as just one instance of what's been 50 years of misguided policy by the West, particularly the United States. While she doesn't say that all is lost, the Oxford educated economist...does believe the US will have to fight back very hard if it is to stay on top. That will require making difficult decisions, and thinking about the long term, in a democratic environment that rewards easy choices and short term thinking."

Canadian Business

"This argument...can rarely have been made more concisely...Moyo is a very serious lady indeed."

The Times

"Moyo is a serious economist with a serious message, one she doesn't dumb down to promote her book. Nor does she take any pleasure in the West's decline"

Toronto Star

"We [in the West] have alienated trading partners and are colluding in the decline of our own prosperity, says Moyo, who sets out strategies for weighting the political seesaw back to our advantage."

The Times

"The sad saga of the recession gives legs to Dambisa Moyo's provocatively-entitled book, for it goes to the heart of the great economic issue of our times: how swiftly will power shift over this century?"

The Independent

"Moyo's diagnosis of the recent disasters in financial markets is succinct and sophisticated...I applaud her brave alarm against our economic and social complacency: her core concerns are sufficiently close to painful truths to warrant our attention."

The Observer

"While the reader requires something of an appetite for statistics and should be vaguely numerate, he or she need not be a student of economics to enjoy and digest the arguments that Moyo lays out with perceptiveness and often brutal honesty."

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