The Changing World Order

The Changing World Order: Why Nations Succeed and Fail is a 2021 book by Ray Dalio.

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

The book covers five centuries of history.

Reception
The book was reviewed by The Wall Street Journal in 2021. In 2022, it was included in the Toronto Star's list.