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In his new book, Turnaround: Third World Lessons for First World Growth (Basic Books, 2013), Peter Blair Henry, dean of the NYU Stern School of Business, explores how large developing countries—China, India and Brazil—and even smaller ones have broken free from previous periods of poverty and turned their economies into engines of growth, using policies often thrust upon them by advanced nations who now seem unwilling to heed their own recommendations. The book uses case studies to demonstrate how the policy pendulum in emerging economies now swings in the direction of prudence and self-control, and how with similar discipline, the First World may yet recover and create long-term prosperity for all its citizens.