The Rise and Fall of Nations: Forces of Change in the Post-Crisis World

The Rise and Fall of Nations: Forces of Change in the Post-Crisis World

by Ruchir Sharma

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Overview

The Rise and Fall of Nations: Forces of Change in the Post-Crisis World by Ruchir Sharma

International Bestseller

"Quite simply the best guide to the global economy today." —Fareed Zakaria

Shaped by his twenty-five years traveling the world, and enlivened by encounters with villagers from Rio to Beijing, tycoons, and presidents, Ruchir Sharma’s The Rise and Fall of Nations rethinks the "dismal science" of economics as a practical art. Narrowing the thousands of factors that can shape a country’s fortunes to ten clear rules, Sharma explains how to spot political, economic, and social changes in real time. He shows how to read political headlines, black markets, the price of onions, and billionaire rankings as signals of booms, busts, and protests. Set in a post-crisis age that has turned the world upside down, replacing fast growth with slow growth and political calm with revolt, Sharma’s pioneering book is an entertaining field guide to understanding change in this era or any era.

Product Details

ISBN-13: 9780393248906
Publisher: Norton, W. W. & Company, Inc.
Publication date: 06/06/2016
Sold by: Barnes & Noble
Format: NOOK Book
Pages: 352
Sales rank: 454,300
File size: 2 MB

About the Author

Head of emerging markets and global macro at Morgan Stanley Investment Management, Ruchir Sharma is the author of the international bestseller Breakout Nations. He is a contributing opinion writer for the New York Times and lives in New York City.

Table of Contents

Prologue: Into the Wild ix

Introduction: Impermanence 1

1 People Matter 23

2 The Circle of Life 58

3 Good Billionaires, Bad Billionaires 95

4 Perils of the State 132

5 The Geographic Sweet Spot 166

6 Factories First 201

7 The Price of Onions 234

8 Cheap Is Good 262

9 The Kiss of Debt 297

10 The Hype Watch 329

11 The Good, the Average, and the Ugly 358

Acknowledgments 405

Notes 409

Bibliography 417

Index 447

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