The 10 Rules of Successful Nations

The 10 Rules of Successful Nations

Summary

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.

About the author

Ruchir Sharma

Ruchir Sharma is chairman of Rockefeller International and founder of Breakout Capital, an investment firm focused on emerging markets. He moved to Rockefeller in 2022 after 25 years at Morgan Stanley Investment Management, where he was head of emerging markets and chief global strategist. Based in New York, he is a columnist at the Financial Times and a former contributing opinion writer at The New York Times. He is the author of four books, including the international bestseller Breakout Nations and the New York Times bestseller The Rise and Fall of Nations.
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