Showing results by author "Ruchir Sharma" in All Categories

Voters say they are disillusioned with capitalism, but a system so distorted by government interventions is a dysfunctional version of free market ideals. As a result, productivity and economic growth have slowed sharply, shrinking the pie for everyone and stoking popular anger. Since these flaws developed as the government expanded, building an even bigger state will only double down on what’s gone wrong. The answer Sharma offers is a series of seven fixes to restore the balance between state support and free markets and lay the path to a more prosperous and happier future.

On the eve of a landmark general election, Ruchir Sharma offers an unrivaled portrait of how India and its democracy work, drawn from his two decades on the road chasing election campaigns across every major state, travelling the equivalent of a lap around the earth. Democracy on the Road takes listeners on a rollicking ride with Ruchir and his merry band of fellow writers as they talk to farmers, shopkeepers, and CEOs from Rajasthan to Tamil Nadu, and interview leaders from Narendra Modi to Rahul Gandhi.

Global investors usually focus on economic data such as GDP growth, employment, and trade. But in today’s trying economic climate, they have started to train their gaze elsewhere: on national political leadership and the prospects for reform.