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The Next Factory of the World
- How Chinese Investment Is Reshaping Africa
- Narrated by: Nancy Wu
- Length: 6 hrs and 27 mins
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Publisher's summary
Will Africa be the world's next hub of manufacturing? China is answering in the affirmative and investing accordingly.
This book dispels the notion that this crucial story is merely about China's exploitation of Africa's resources, illuminating deep questions about our own Western approach to development and the implications for the future of manufacturing. China is now the biggest foreign player in Africa: largest trade partner, largest infrastructure financier, and fastest-growing source of foreign direct investment. Chinese entrepreneurs are flooding into Africa, investing in long-term assets, such as factories and heavy equipment.
The fact that China sees Africa not for its poverty but for its potential wealth is a striking departure from the attitude of the West, in particular the United States. For 50 years the West has engaged in countless poverty-alleviation and development-aid programs in Africa, yet Africa still has the largest number of people living in extreme poverty of any region in the world.
Considering Africa's difficult history of colonialism, one might suspect that the current story of China in Africa is merely a story about exploitation of resources. Author Irene Yuan Sun follows these entrepreneurs and finds instead that they are factory owners, building in Africa what they so recently learned to build in China - a global manufacturing powerhouse. This gives rise to a tantalizing possibility: that Africa can industrialize in the coming generation.
With a manufacturing-led transformation, Africa would be following in the footsteps of the United States in the 19th century, Japan in the early 20th, and the Asian Tigers in the late 20th century. Many may consider this an old-fashioned way to develop, but it's the only one that's proven to raise living standards across entire societies for generations. And with every new Chinese factory boss setting up machinery and hiring African workers, that possibility becomes more real for Africa.
With fascinating stories of entrepreneurs, workers, and government officials in Africa, along with incisive business and economic analysis, The Next Factory of the World will make you rethink both China's role in the world and Africa's future in the globalized economy.
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Plutocrats
- The Rise of the New Global Super-Rich and the Fall of Everyone Else
- By: Chrystia Freeland
- Narrated by: Allyson Ryan
- Length: 11 hrs and 38 mins
- Unabridged
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There has always been some gap between rich and poor in this country, but in the last few decades what it means to be rich has changed dramatically. Alarmingly, the greatest income gap is not between the 1 percent and the 99 percent, but within the wealthiest 1 percent of our nation-as the merely wealthy are left behind by the rapidly expanding fortunes of the new global super-rich. Forget the 1 percent; Plutocrats proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at break-neck speed.
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Good Storytelling but ... analysis is "eh'
- By Susan on 11-04-12
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The New Geography of Jobs
- By: Enrico Moretti
- Narrated by: Sean Pratt
- Length: 8 hrs and 32 mins
- Unabridged
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Today, there are three Americas. At one extreme are the brain hubs with workers who are among the most productive, creative, and best-paid on the planet. At the other extreme are former manufacturing capitals that are rapidly losing jobs and residents. The rest of America could go either way. For the past 30 years, the three Americas have been growing apart at an accelerating rate. This divergence is one the most important developments in the history of the US and is reshaping the very fabric of our society. But the winners and losers aren't necessarily who you'd expect.
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Almost Stopped Listening
- By R. Hartley on 03-29-19
By: Enrico Moretti
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Fifty Inventions That Shaped the Modern Economy
- By: Tim Harford
- Narrated by: Roger Davis
- Length: 9 hrs and 16 mins
- Unabridged
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Fifty Inventions That Shaped the Modern Economy paints an epic picture of change in an intimate way by telling the stories of the tools, people, and ideas that had far-reaching consequences for all of us. From the plough to artificial intelligence, from Gillette's disposable razor to IKEA's Billy bookcase, best-selling author and Financial Times columnist Tim Harford recounts each invention's own curious, surprising, and memorable story.
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Thought provoking
- By Paul Norris on 09-10-17
By: Tim Harford
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Start-Up Nation
- The Story of Israel's Economic Miracle
- By: Dan Senor, Saul Singer
- Narrated by: Sean Pratt
- Length: 8 hrs and 24 mins
- Unabridged
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Start-Up Nation addresses the trillion dollar question: How is it that Israel - a country of 7.1 million, only 60 years old, surrounded by enemies, in a constant state of war since its founding, with no natural resources - produces more start-up companies than large, peaceful, and stable nations like Japan, China, India, Korea, Canada, and the UK?
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Interesting and worth the time
- By Nili on 12-10-09
By: Dan Senor, and others
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Cheap
- The High Cost of Discount Culture
- By: Ellen Ruppel Shell
- Narrated by: Lorna Raver
- Length: 11 hrs and 33 mins
- Unabridged
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From the shuttered factories of the rust belt to the look-alike strip malls of the sun belt---and almost everywhere in between---America has been transformed by its relentless fixation on low price. This pervasive yet little examined obsession is arguably the most powerful and devastating market force of our time---the engine of globalization, outsourcing, planned obsolescence, and economic instability in an increasingly unsettled world.
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You Get What You Pay For?
- By Roy on 07-26-09
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Dealing with China
- An Insider Unmasks the New Economic Superpower
- By: Henry M. Paulson
- Narrated by: Kevin Stillwell
- Length: 18 hrs and 31 mins
- Unabridged
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When Hu Jintao, China's then vice president, came to visit the New York Stock Exchange and Ground Zero in 2002, he asked Hank Paulson to be his guide. It was a testament to the pivotal role that Goldman Sachs played in helping China experiment with private enterprise. In Dealing with China, the best-selling author of On the Brink draws on his unprecedented access to both the political and business leaders of modern China to answer several key questions.
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A Valuable Book on China
- By Michael Moore on 09-04-15
By: Henry M. Paulson
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Boom, Bust, Exodus
- The Rust Belt, the Maquilas, and a Tale of Two Cities
- By: Chad Broughton
- Narrated by: Stephen McLaughlin
- Length: 15 hrs and 34 mins
- Unabridged
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In 2002, the town of Galesburg, a slowly declining Rustbelt city of 33,000 in western Illinois, learned that it would soon lose its largest factory, a Maytag refrigerator plant that had anchored Galesburg's social and economic life for decades. Workers at the plant earned $15.14 an hour, had good insurance, and were assured a solid retirement. In 2004, the plant was relocated to Reynosa, Mexico, where workers sometimes spent 13-hour days assembling refrigerators for $1.10 an hour.
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A Story I thought I Knew
- By Meek84 on 07-08-18
By: Chad Broughton
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Driving Honda
- Inside the World’s Most Innovative Car Company
- By: Jeffrey Rothfeder
- Narrated by: Mel Foster
- Length: 10 hrs and 46 mins
- Unabridged
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For decades there have been two iconic Japanese auto companies. One has been endlessly studied and written about. The other has been generally underappreciated and misunderstood. Until now. Since its birth as a motorcycle company in 1949, Honda has steadily grown into the world’s fifth largest automaker and top engine manufacturer, as well as one of the most beloved, most profitable, and most consistently innovative multinational corporations.
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it was ok.
- By chris p on 11-16-18
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Startup Rising
- The Entrepreneurial Revolution Remaking the Middle East
- By: Christopher M. Schroeder
- Narrated by: Christopher M. Schroeder
- Length: 7 hrs and 24 mins
- Unabridged
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Despite the world's elation at the Arab Spring, shockingly little has changed politically in the Middle East; even frontliners Egypt and Tunisia continue to suffer repression, fixed elections, and bombings, while Syria descends into civil war. But in the midst of it all, a quieter revolution has begun to emerge, one that might ultimately do more to change the face of the region: Entrepreneurship.
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Inspiring stories
- By Raafat Zaini on 02-13-15
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The Great Reset
- How New Ways of Living and Working Drive Post-Crash Prosperity
- By: Richard Florida
- Narrated by: Eric Conger
- Length: 6 hrs and 49 mins
- Unabridged
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We tend to view prolonged economic downturns, such as the Great Depression of the 1930s and the Long Depression of the late 19th century, in terms of the crisis and pain they cause. But history teaches us that these great crises also represent opportunities to remake our economy and society and to generate whole new eras of economic growth and prosperity.
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glorification of City Life
- By Ryan Riggs on 11-25-20
By: Richard Florida
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The Tycoons
- How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy
- By: Charles R. Morris
- Narrated by: William Hughes
- Length: 14 hrs and 34 mins
- Unabridged
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The modern American economy was the creation of four men: Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan. They were the giants of the Gilded Age, a moment of riotous growth that established America as the richest, most inventive, and most productive country on the planet. Acclaimed author Charles R. Morris vividly brings these men and their times to life. The Tycoons tells the incredible story of how these four determined men wrenched the economy into the modern age, inventing a nation of full economic participation that could not have been imagined earlier.
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Good book wrong title
- By Hectoris on 10-06-16
What listeners say about The Next Factory of the World
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Venkatesh Srambikal
- 03-24-24
Insightful and well researched !
I recommend listening to this at 1.5 X , the book is very well written and narrated.
Kudos to Irene and Nancy.
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Overall
- Anonymous User
- 05-01-20
Great eye opening book
Awesome book with a unique perspective and a focus on a different kind of narrative. But solid truths and wisdom within
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- Hein Du Plessis
- 04-05-18
Paradigm shifting
As an African, this book has broken down a lot of my misconceptions / preconceptions. I love the honest, on the ground view and challenging of falsehoods. I'm excited for the future!
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- Carl B.
- 12-30-18
Oversimplified and skewed history
Thesis: Suddenly China woke up one day and just decided to make things, all Western ideas about wealth creation had nothing to do with it.
The author never explains how China did Westernize and follow the Washington consensus, combined with it's own decent policies, to become wealthy.
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