10 Rules of Successful Nations,The

Author:

Ruchir Sharma

Publisher:

Penguin Random House India Private Limited

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Publisher

Penguin Random House India Private Limited

Publication Year 2020
ISBN-13

9780141988146

ISBN-10 9780141988146
Binding

Paperback

Number of Pages 256 Pages
Language (English)
Dimensions (Cms) 20X14X4
Weight (grms) 280
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.

Ruchir Sharma

Ruchir Sharma started his career with a securities trading company after completion of his undergraduate studies from Shri Ram College of Commerce in Delhi. He was hired by Morgan Stanley when he attracted their attention through his column For Ex, first for The Observer and then for The Economic Times of India. Currently, Sharma is the head of Emerging Markets Equity team at Morgan Stanley and is responsible for managing over $25 billion in assets under management. He has contributed essays for The Wall Street Journal, Financial Times, New York Times, Foreign Affairs and Economic Times.
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