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The 10 Rules of Successful Nations
This short primer distils Ruchir Sharma's decades of global analytic experience into ten rules for identifying nations that are poised to take off or crash. A wake-up call to economists who failed to foresee every recent crisis, including the cataclysm of 2008, 10 Rules is full of insights on signs of political, economic, and social change. Sharma explains, for example, why autocrats are bad for the economy; robots are a blessing, not a curse; and consumer prices don't tell you all you need to know about inflation. He shows how currency crises begin with the flight of knowledgeable locals, not evil foreigners; how debt crises start in private companies, not government; and why the best news for any country is none at all. Rethinking economics as a practical art, 10 Rules is a must-read for business, political and academic leaders who want to understand the most important forces that shape a nation's future.
Breakout Nations
Discusses how the global economy will be shaped in the future by focusing on Nigeria, Indonesia, and Poland instead of the superstars of the last decade, China, Russia, and Brazil.
The Rise and Fall of Nations
The crisis of 2008 ended the illusion of a golden era in which many people imagined that prosperity and political calm would continue to spread indefinitely. In a world now racked by slowing growth and mounting unrest, how can we discern which nations will thrive and which will fail? Shaped by prize-winning author Ruchir Sharma's twenty-five years travelling the world, The Rise and Fall of Nations rethinks economics as a practical art. By narrowing down the thousands of factors that can shape a country's future, it spells out ten clear rules for identifying the next big winners and losers in the global economy. Each rule looks at a nation's political, economic, and social conditions in real ...
What Went Wrong with Capitalism
A century of expanding government has distorted financial markets, stoked massive inequality, and soaked America in debt. Capitalism didn’t fail, it was ruined... What went wrong with capitalism? Ruchir Sharma’s account is not like any you will have heard before. He says progressives are right, in part, when they mock modern capitalism as “socialism for the rich.” For a century, governments have expanded in just about every measurable dimension, from spending to regulation and the scale of financial rescues when the economy wobbles. The result is expensive state guarantees for everyone—bailouts for the rich, entitlements for the middle class, welfare for the poor. Taking you back t...
Democracy on the Road
On the eve of a landmark general election, Ruchir Sharma offers an unrivalled portrait of how India and its democracy work, drawn from his two decades on the road chasing election campaigns across every major state, travelling the equivalent of a lap around the earth. Democracy on the Road takes readers on a rollicking ride with Ruchir and his merry band of fellow writers as they talk to farmers, shopkeepers and CEOs from Rajasthan to Tamil Nadu, and interview leaders from Narendra Modi to Rahul Gandhi. No book has traced the arc of modern India by taking readers so close to the action. Offering an intimate view inside the lives and minds of India's political giants and its people, Sharma explains how the complex forces of family, caste and community, economics and development, money and corruption, Bollywood and Godmen, have conspired to elect and topple Indian leaders since Indira Gandhi. The ultimately encouraging message of Ruchir's travels is that, while democracy is retreating in many parts of the world, it is thriving in India.
The Rise and Fall of Nations
The crisis of 2008 ended the illusion of a golden era in which many people imagined that prosperity and political calm would continue to spread indefinitely. In a world now racked by slowing growth and mounting unrest, how can we discern which nations will thrive and which will fail? Shaped by prize-winning author Ruchir Sharma's twenty-five years travelling the world, The Rise and Fall of Nations rethinks economics as a practical art. By narrowing down the thousands of factors that can shape a country's future, it spells out ten clear rules for identifying the next big winners and losers in the global economy. Each rule looks at a nation's political, economic, and social conditions in real ...
The Rise and Fall of Nations
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.
Domestic Constraints on South Korean Foreign Policy
These essays support the argument that strong and effective presidential leadership is the most important prerequisite for South Korea to sustain and project its influence abroad. That leadership should be attentive to the need for public consensus and should operate within established legislative mechanisms that ensure public accountability. The underlying structures sustaining South Korea’s foreign policy formation are generally sound; the bigger challenge is to manage domestic politics in ways that promote public confidence about the direction and accountability of presidential leadership in foreign policy.
Living With a Wild God
Barbara Ehrenreich is an acclaimed social critic on both sides of the Atlantic, renowned for her trenchant, witty polemics, her pieces of journalism, and her trademark intelligence. She writes with unparalleled precision, insight and a rationalist's unwavering gaze. But in middle age, she rediscovered the journal she had kept during her tumultuous adolescence, which records an event so strange that she had never, in all the intervening years, written or spoken about it. It was the kind of event that people call a 'mystical experience' - and to a steadfast atheist and rationalist, was nothing less than shattering. In Living with a Wild God, Ehrenreich vividly explores her life-long quest to find 'the truth' about the universe and everything else, in an attempt to reconcile this cataclysmic, defining moment with her secular understanding of the world. The result is a profound reflection on science, religion and the human condition, and a personal insight into the inner life of one of our finest thinkers. It is a book that challenges us all to reassess our perceptions of the world and what it means to be alive.
How Asia Works
Until the catastrophic economic crisis of the late 1990s, East Asia was perceived as a monolithic success story. But heady economic growth rates masked the most divided continent in the world - one half the most extraordinary developmental success story ever seen, the other half a paper tiger. Joe Studwell explores how policies ridiculed by economists created titans in Japan, Korea and Taiwan, and are now behind the rise of China, while the best advice the West could offer sold its allies in South-East Asia down the economic river. The first book to offer an Asia-wide deconstruction of success and failure in economic development, Studwell's latest work is provocative and iconoclastic - and sobering reading for most of the world's developing countries. How Asia Works is a must-read book that packs powerful insights about the world's most misunderstood continent.
