The Rise and Fall of Nations Quotes

“The second step is to figure out whether the country has a political leader capable of rallying the popular will behind reform.”
― Ruchir Sharma, The Rise and Fall of Nations: Forces of Change in the Post-Crisis World

“Trump and his supporters didn’t realize it, but in the four years before 2015, net migration from Mexico had fallen to zero, in part because construction jobs in the United States had been harder to find. This dynamic, with falling population growth in the emerging world reducing migration to the developed world, is likely to grow stronger in coming years.”
― Ruchir Sharma, The Rise and Fall of Nations: Ten Rules of Change in the Post-Crisis World

“The king tells him to keep going back until he can sense the danger in the stillness and the hope in the sunrise. To be fit to rule, the prince must be able to hear that which does not make a sound.”
― Ruchir Sharma, The Rise and Fall of Nations: Ten Rules of Change in the Post-Crisis World

“The University of Pennsylvania, it turns out, produces more billionaires than Yale, Harvard, Princeton, or any other school,”
― Ruchir Sharma, The Rise and Fall of Nations: Forces of Change in the Post-Crisis World

“According to Harvard University’s Atlas of Economic Complexity, the key to driving economic growth is not so much individual experts as the combination of expertise required to make complex products: for example, the mix of experience in batteries, liquid crystals, semiconductors, software, metallurgy, and lean manufacturing required to make a smartphone. The fastest way to secure this array of talent is to import it. The same idea applies to more and more fields in an age when even cooking has become culinary science.”
― Ruchir Sharma, The Rise and Fall of Nations: Ten Rules of Change in the Post-Crisis World

“Frédéric Dard, remarked, “It’s when you are paying your taxes that you realize you can’t afford the salary you earn.”
― Ruchir Sharma, The Rise and Fall of Nations: Forces of Change in the Post-Crisis World

“After surging for more than three decades, flows of capital reached a historic peak of $9 trillion and a 16 percent share of the global economy in 2007, then declined to $1.2 trillion or 2 percent of the global economy—”
― Ruchir Sharma, The Rise and Fall of Nations: Ten Rules of Change in the Post-Crisis World

“Gini coefficient, scores”
― Ruchir Sharma, The Rise and Fall of Nations: Forces of Change in the Post-Crisis World

“More telling than the burst of speed was the stillness that preceded it. Big”
― Ruchir Sharma, The Rise and Fall of Nations: Ten Rules of Change in the Post-Crisis World