The Changing World Order

The Changing World Order: Why Nations Succeed and Fail is a 2021 book by Ray Dalio.^[1][2]

First edition (publ. Simon & Schuster)

Description

According to Dalio, nation success depends on the cycles and like business cycles, empires have cycles too.^[3] So, it is not inevitable for a country to exist forever.^[3] As per him, the most important factor in the success of a nation is their investment in education.^[3]

The book covers five centuries of history.^[4]

Reception

The book was reviewed by The Wall Street Journal in 2021.^[5] In 2022, it was included in the Toronto Star's list.^[6]

References

1. "Book Event: Ray Dalio's "Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail"".
2. "Ray Dalio's decision-making rules to remember".
3. "Industry leaders hold digital transformation key to the CPG sector's breakthrough growth".
4. "Review of Ray Dalio's "Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail" by Joakim Book | Capitalism Magazine". 3 December 2021.
5. Varadarajan, Tunku (19 November 2021). "'Principles for Dealing with the Changing World Order' Review: Trouble Ahead, as Usual". Wall Street Journal.
6. "The bestselling books in Canada for the week ending July 6, 2022". Toronto Star. 6 July 2022.