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Book Name:- The Rise and Fall of Nations: Ten Rules of Change in the Post-Crisis World
Author Name:- Ruchir Sharma
Shaped by his 25 years traveling the world and vivify by his encounters with presidents, tycoons and villagers from Rio to Beijing, Ruchir’s new book rethinks the dismal science of economics as a practical art, based not just on crunching numbers but on live observation. He shows us how to understand the political headlines, the price of onions and popular news magazine covers as signs of coming booms, protests, and busts. Parsing the complicated flood of data on debt,capital flows, and trade Ruchir explains exactly which numbers are most telling for a nation’s fortunes and when they signal a turn for the worse or better.
In our post-crisis age that has turned the world on its head and ended a decade of supercharged growth, hype for globalization with fear of deglobalization and replacing political calm with revolt, Sharma’s pioneering book, The Rise and Fall of Nations serves as a highly readable field guide to understanding change not only in this new era, but in any era. It is written for any practical person – business executive, newspaper reader, politician or investor – interested in a new economics focused on what is coming next, not on the past. There is a saying that to know the road ahead, ask those coming back. On this road, Sharma is the one who has been there ahead of us.
About the Author Ruchir Sharma
Ruchir Sharma is Head of Emerging Markets and Chief Global Strategist at Morgan Stanley Investment Management. He typically spends one week every month in a different emerging market where he meets top CEOs, leading politicians, and other local characters. He has been with the firm for ninteen years and is currently a member of the Executive Committee of the Investment Management division.
Ruchir has been a writer for even longer than he has been an investor. He started writing at the age of seventeen for India’s largest economic daily, The Economic Times and is now a frequent contributor to the op-ed pages of The Financial Times, The Wall Street Journal, Foreign Affairs and The Times of India. His essays have also appeared in, Time, Foreign Policy, The New York Times, Forbes and Bloomberg View. For much of the last decade he had been a contributing editor and regular columnist for Newsweek International.
Ruchir may be most well-known for his 2012 book, Breakout Nations: In Pursuit of the Next Economic Miracles. Breakout Nations debuted as the number one #bestseller in India and earned Sharma the Tata Literature Live! First Book Award for 2012. The book, Breakout Nations: In Pursuit of the Next Economic Miracles also made the Wall Street Journal hardcover business bestseller list and was chosen by Foreign Policy as one of its “21 Books to Read in 2012”. Ruchir’s next book, The Rise and Fall of Nations: Forces of Change in the Post-Crisis World will be released in June 2016.