The 10 Rules of Successful Nations, Paperback Book, By: Ruchir Sharma

A pithy guide to real-world economics, abridged from Sharma's New York Times bestselling The Rise and Fall of Nations As head of Emerging Markets and Global Macro at Morgan Stanley Investment Management, Sharma is one of the worlds largest investors and typically spends one week a month traveling the world, meeting with leading politicians and CEOs. 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 wakeup 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 nations future. Penguin have sold more than 55, 000 copies of The Rise and Fall of Nations Mines huge amounts of exclusive data to create ten key rules for spotting the signs of economic change, which will be leapt upon by the media. About the Author: Ruchir Sharma Ruchir Sharma is Head of Emerging Markets and Chief Global Strategist at Morgan Stanley Investment Management. He is the author of the international bestselling Breakout Nations: In Pursuit of the Next Economic Miracles (2012), The Rise and Fall of Nations: Forces of Change in the Post-Crisis World (2016) and Democracy on the Road (2019). Sharma began his career as a writer and still contributes regularly to the Wall Street Journal, Financial Times, Foreign Affairs and other publications, and he is a contributing writer at the New York Times. One of the worlds largest investors, he was named one of Foreign Affairs Top Global Thinkers in 2012 and one of Bloomberg Markets 50 most influential thinkers in 2015.