Masters in Business

Ruchir Sharma's Four "Ds"

The four "Ds" changing the world.

This week on Masters in Business, we speak with Ruchir Sharma, chief global strategist and head of emerging markets at Morgan Stanley. He has been with the firm since 1996, and oversees a team of 25 people who help him manage more than $20 billion in assets. He is the author of the recently published, “The Rise and Fall of Nations: Forces of Change in the Post-Crisis World.”

Sharma describes the four “Ds” of today's world: depopulation, deglobalization, deleveraging, and de-democratization. These are the key geopolitical factors driving huge changes across economies. This is a drastic change from the period from 1950 to 2008, which was marked by population growth, increasing productivity, rising middle-class incomes and increased trade.

You can hear the full interview, including our podcast extras, at iTunesSoundCloud and Bloomberg. All of our earlier podcasts can be found iTunesSoundCloud and Bloomberg.

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.