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The Rise and Fall of Nations
The Rise and Fall of Nations
Nov 23, 2024 3:06 AM

Author:Ruchir Sharma

The Rise and Fall of Nations

THE INTERNATIONAL BESTSELLER

'Entertaining, acute and disarmingly honest' Economist

'A vital guide to the new economic order' Rana Foroohar, Time

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.

'The nub of the book is how to spot which countries are likely to succeed, and which to fail, in this impermanent world. Sharma offers a framework of 10 rules. The more of these rules countries achieve, the more they are likely to rise rather than fall ... it may just help you avoid picking losers' David Smith, Sunday Times

'Amazing ... fascinating insights ... quite simply the best guide to the global economy today' Fareed Zakaria

'Lively and informative' Martin Wolf, Financial Times

'As ambitious as it is well executed ... a mix of humble pragmatism and daring decisiveness' Reuters

Reviews

Filled with amazing data ... fascinating insights and revealing anecdotes, this is quite simply the best guide to the global economy today. Whether you are an observer or an investor, you cannot afford to ignore it.

—— Fareed Zakaria

A fine guide to the great emerging market boom and bust.

—— The Economist

Sharma's wealth of knowledge ... and ample experience on the ground are strong foundations for his exploration of what makes economies break out, or break down.

—— Reuters

For sheer readability and insight on the developing world drama, I dare say you won't find a better choice.

—— Wall Street Journal

A vital guide to the new economic order.

—— Rana Foroohar , Time

In the longer view, America's - and before that Europe's - dominance may come to be seen as a short aberration and the rise of China and other Asian nations as simply a reversion to the natural order of things. That at least is the key point of a provocatively titled book, Has the West Lost It?, by Kishore Mahbubani, a Singaporean academic and former diplomat. As many in America and Europe contemplate the dramatic changes to their world in the past few years, it's been getting a lot of attention.

—— Gerard Baker , The Times

Enthralling ... a fine and deeply considered portrait of the US-dominated 21st-century surveillance state ... Gellman has waited seven years to give his version. He has spent the time well – delving into some of the more abstruse programmes from the Snowden archive, and talking to sources from the tech and security worlds [to] provide new and scary technical detail

—— Luke Harding , Guardian

It is not hard to imagine the heart-stopping excitement of receiving the great trove of secrets that Edward Snowden sent to Barton Gellman ... a necessary and deep meditation about how far our online lives can or indeed should remain completely private

—— Sunday Times

A cyberspace thriller where even knowing the ending renders it no less gripping ... A much more nuanced piece of writing [than Poitras's, Greenwald's and Snowden's accounts] ... both credible and readable ... It is impossible not admire Gellman's industry and journalistic courage

—— Standpoint

Fascinating ... Gellman ... did more than any other journalist to make [Snowden's] story public ... cautious, agonised, philosophical, responsible

—— The Times

The scale of [the NSA’s surveillance operations] was truly staggering … Gellman’s concerns about the state’s ability to spy on its own citizens are particularly relevant today – as governments seek to monitor our movements even more closely

—— Telegraph

An enthralling tale of how Barton Gellman, one of the great investigative journalists of our era, worked to understand, process, and report the greatest and most challenging leaks of all time. Dark Mirror is a spy-thriller page-turner and a gripping, self-reflective master-class on how to discern truth in the dark shadows of the intelligence world

—— Jack Goldsmith, Professor of Law, Harvard University

A riveting and often surprising account. The scope of the NSA global snooping campaign is more shocking than ever, as Gellman pieces together the puzzle. If you want to understand how intelligence works in the 21st century, Dark Mirror is a must

—— David Ignatius, columnist for the Washington Post and author of The Paladin

An endlessly insightful narrative ... that deserves its place alongside All the President’s Men ... and other classics of the genre ... A riveting, timely book sure to be one of the most significant of the year

—— Kirkus

A frightening exposé on the powerful networks watching you that you haven't even heard of

—— Esquire

The subject is so important that it is a book which ought to be read by anyone concerned with the way the world is going

—— Allan Massie , Scotsman

In Dark Mirror, Gellman tells the story with verve... compelling

—— John Kampfner , Financial Times

[Reveals] the huge hold in the standard economic model . . . offers a mountaintop view of the world.

—— Knowledge@Wharton: The Journal of Wharton Business School

Judiciously combining history, theory, anecdotes and diagrams, [Raworth] provides a narrative that is easy to follow . . . Worthwhile and challenging.

—— Frontline

A radical and solidly-argued book . . . Plausible and informative.

—— El Pais

A compact synthesis of modern heterodoxy.

—— Guardian

An eminently sane and important book.

—— Caught by the River

A precious book . . . State-of-the-art, unorthodox economic thinking that calls for the redistribution of wealth and resources.

—— La Repubblica

A radical viewpoint . . . [Raworth's] approach centres economics on action

—— The Hindu

Kate Raworth, in Doughnut Economics, makes the case for a new economic model that pays more attention to human and environmental pressures.

—— Andrew Hill, FT/McKinsey Business Book Award Longlist , Financial Times

Doughnut Economics presents a genuine case for a global reform and a rebalancing of resources. The book is a game-changer.

—— Hong Kong Review of Books

Considers the shape of a doughnut as a guide to understanding how a modern, globalized economic system is interconnected but can serve people fairly and lead to happier, more fulfilled humans.

—— Inverse

We need different ways to enable us to achieve deep ecological, social, economic and cultural sustainability . . . [Doughnut Economics offers] a concept for how we can bring about such transformative change, and fast.

—— Newsroom

An illuminating book . . . reminds us that in the 21st century global networks are doing what economists and policymakers should be doing but are not.

—— Japan Times

Written in a clear and engaging style, Kate Raworth explains to the general public and students what is wrong with the standard curriculum in economics, and how to break out of that monopolised mental prison . . . [Doughnut Economics is] a cause for celebration . . . I highly recommend this book.

—— Professor Herman Daly , Ecological Economics Journal

Doughnut Economics is an important contribution to economic thought. It is so rich in detail and so full of insights that it is hard to believe it has been written by a single individual. It is the one book that deserves to be read by all our policy makers.

—— Business Line

Can anyone seriously suppose that today’s economic orthodoxies are going to bring the world back from the brink of chaos? We need to fundamentally rethink the way we create and distribute wealth, and Kate Raworth’s Doughnut Economics provides an inspiring primer as to how we must now set about that challenge. I hope it ushers in a period of intense debate about the kind of economy we now so urgently need.

—— Jonathan Porritt, author of THE WORLD WE MADE; founding director of Forum for the Future

A refreshing take on the ecology of modern economics . . . This book serves as a fascinating reminder to business leaders and economists alike to stand back at a distance to examine our modern economics.

—— Best Business Books of 2017 , Forbes

I am loving Kate Raworth’s book Doughnut Economics. It puts inequality in a far broader context, connecting a great many 21st century problems with a single vision. Every business leader and every policy maker should read it.

—— Tim O’Reilly

What if it were possible to live well without trashing the planet? Doughnut Economics succinctly captures this tantalising possibility and takes up its challenge. Brimming with creativity, Raworth reclaims economics from the dust of academia and puts it to the service of a better world.

—— Tim Jackson, author of PROSPERITY WITHOUT GROWTH

Kate Raworth makes a powerful argument to look beyond economic growth alone for a true measure of prosperity and progress . . . The doughnut offers a vision for an equitable and sustainable future.

—— Intelligent HQ

This book gave me faith that there is an alternative story to tell to the neoliberal narrative.

—— Marcus de Sautoy

Finding a healthy alternative to the prevailing growth model that has strained the planet to bursting is the holy grail of environmental economics. And it looks like maybe we’ve found it . . . It’s hard to understate how exciting this revelation is

—— Inhabitat

This is truly the book we've all been waiting for. Kate Raworth provides the antidote to neoliberal economics with her radical and ambitious vision of an economy in service to life. Given the current state of the world, we need Doughnut Economics now more than ever.

—— L. Hunter Lovins, president and founder of Natural Capitalism Solutions

I read this book with the excitement that the people of his day must have read John Maynard Keynes’s General Theory. It is brilliant, thrilling and revolutionary. Drawing on a deep well of learning, wisdom and deep thinking, Kate Raworth has comprehensively reframed and redrawn economics. It is entirely accessible, even for people with no knowledge of the subject. I believe that Doughnut Economics will change the world.

—— George Monbiot, author and Guardian columnist

Raworth’s groundbreaking book hand-picks the best emergent ideas – ranging from ecological, behavioural and institutional economics to complexity thinking, and Earth-systems science – to reveal the insights of eclectic economic re-thinkers . . . Revolutionary.

—— Judges' Statement, The Transmission Prize 2018

In Doughnut Economics Raworth takes on the enormous task of sketching out a new approach to the economy in 290 pages . . . A dizzying whirl through the 300 years of economic theory, and challenges to their fundamental principles

—— City A.M.

One of last year's most important books on (fixing) economics

—— Best Books on Innovation , Nesta

A good starting point for a much needed debate about economic policy priorities.

—— Reuters BreakingViews

Highly informed and intelligent.

—— Socialist Review

[Raworth’s] business-friendly 2017 book Doughnut Economics advocated meeting the needs of all within the means of the planet.

—— 1000 Most Influential Londoners , Evening Standard

Powerful and radical

—— Building.co.uk

It's an absolute must-read about the circular economy and an economic model beyond capitalism.

—— Sam Galsworthy, co-founder of Sipsmith , The Grocer

Excellent

—— Ben Cooke , The Times

It’s the first book about the future economy that I can’t put down!

—— Frances Morris , ELLE Decoration

A fascinating look at future economic policy

—— U2’s The Edge , Daily Telegraph

Kate is not the first person to try to reconcile economic growth with our world's finite resources . . . but her book makes a complex thesis accessible.

—— George Alagiah , New Statesman

One of the best books I have read in the last year or two was Doughnut Economics by Kate Raworth, an economist. She puts economics into the framework of society and the environment, rather than at the top. I recommend it to all.

—— Lord Greaves

In Doughnut Economics, Kate Raworth's economics serve life - not the endless growth of late capitalism. Compellingly, she invites us to see the economy as an organism rather than a mechanism. By referring to our knowledge of natural systems instead of the machine models of Newtonian mechanics, she offers us a way to reimagine money in order to regenerate rather than degenerate. In this wonderful, readable book, Raworth completely rewrites the textbooks of economic theory in language that is lucid and inspirational: a must read!

—— Antony Gormley , GQ

Raworth radically redraws the system, putting people's needs at its heart . . . with growth bound by an ecological ceiling, the outer edge of the circle, beyond which there is climate change, freshwater stress and biodiversity loss. The doughnut is the safe space where there can be sustainable development.

—— Conde Nast Traveller

An accessible, relatable account that relays academic thinking back to everyday lives and communities.

—— Best Books on Climate Change , Independent
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