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Publisher's Summary

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.

What members say

Average Customer Ratings

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  • Overall
  • Story

Journalistic overview book

Journalistic survey of financial folk wisdom with lots of supporting anecdotes but little systematic insight.

6 of 6 people found this review helpful

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  • pb
  • 07-07-16

must read for anyone in investing

for any serious investor, this is must read. great perspective on most of the economies.

7 of 9 people found this review helpful

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A committed capitalist's world view

He's got some good points but believes too much in the markets for everything and there's some hubris making its appearance regularly in his writing.

1 of 1 people found this review helpful

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insightful

Great at connecting the dots across the geopolitical spectrum. Does a great job of tying together economics and social impact of politics.

1 of 1 people found this review helpful

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A bouncing around mess...

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

5 of 7 people found this review helpful

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Brilliant!

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.

1 of 1 people found this review helpful

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Highly recommended book

I rarely recommend books, this book is very rich with economic information and talks about the recent events.

Worth it

2 of 3 people found this review helpful

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Nice overview of global economics

This is a good overview of global economics. It is clear and relatively concise. It is written in a manner that a well educated layman could easily grasp the concepts. I really liked his emphasis on trade and especially manufacturing as a way out of poverty for developing countries. I also was surprised to discover that a continued over reliance on commodities is detrimental to sustained economic growth. He has a number of concepts that allows one to decide what country is a good investment bet over a 5 yr period. I was being pushed to buy into China but I now will resist that advice.

One complaint that I have is his lack of interest in how unemployment, which can be an outgrowth of the globalism that he so loves can be a destabilizing influence in developed countries. Especially when manufacturing jobs are given to low wage workers which leads to chronic underemployment in native born workers who once used these jobs to raise families. Sharma definitely has a blind spot here.

The narrator was great. This could have been dry and boring material but some how the narrator was able to hold my attention without using a lot of verbal pyrotechnics.

A good book and worth the credit.

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great review of world economy

Excellent review of world's economy up to march 2016. The author doesn't presume to have a cristal ball to foresee the future, instead it presents a set of rules to understand in which way they'll be going in the next 5 years.

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Excellent

Great book, a very precise panorama of post crisis world and accurate forecast of the years to come.