This pioneering work demystifies the drivers behind political, economic, and social change.
Shaped by his 25 years traveling the world and enlivened by encounters with tycoons, presidents, and villagers from Rio to Beijing, 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 10 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 postcrisis age that has turned the world upside down, replacing fast growth with low growth and political calm with revolt, Sharma's pioneering book is an entertaining field guide to understanding change in this era or any era.
©2016 Ruchir Sharma (P)2016 Blackstone Audio, Inc.
Good ideas in this book but it bounces around from country to country explaining why each country is good and then later why it's bad. Just a messy way to lay out a book. Hard to keep attention to while listening
Sharma presents and extremely insightful and contemporary world view of global economics. He has taken an extremely complex subject matter dissects it and explains it in a very comprehensive and understandable way. Genius.
The writing and the narration were a good fit in my opinion. And I liked the range of subjects explored.
Some of the material was quite new to me. For example, early in the book the author explained how long it takes for investments in education to start showing a real difference in terms of economic growth. And also the idea of good billionaire versus bad billionaire was something I hadn't heard about until now.
I think this book is for all kinds of listeners, not just those interested in investment education. This would be an interesting listen for those interested in history, politics, technology and geography.
This is a really excellent book. I am no economics funds or know the mechanics of running a government, but these rules would make an excellent scorecard to view countries play games.
too many numbers
25% of this and 19,% of that... too many numbers overshadow the story and make it sound like a statistical reading. ironically, the 10 rules in the book are not numbered.
Tried renting this book from library, and was interesting but full of details that were hard to digest while reading. The audiobook though is very well done and allows you to get the big picture while also digesting the details of the content. Highly recommend.
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