Asia Rising

By the year 2020, Asia will be home to the largest middle class in history, bringing ""the greatest boon to world prosperity in modern times,"" writes Rohwer, former Asia correspondent for the Economist and current director for CS First Boston's Hong Kong office. Many Americans fear they'll lose jobs to cheap Asian labor. However, Rohwer thinks the Asian middle class will soon emerge and demand quality goods and services, creating thousands of jobs for Americans. The United States, according to Rohwer, is ""best positioned to profit from the rise of Asia [especially in] the most advanced industries where America is most competitive,"" and huge shares of the market are up for grabs. His optimistic and well-reasoned book is recommended for academic economic collections.-Kris Swank, American Graduate Sch. of Intl. Management Lib., Glendale, Ariz.