The Great Degeneration: How Institutions Decay and Economies Die. By Niall Ferguson. Penguin, New York. 2012. ISBN: 978-1-59420-545-3. 174 pp. Hardcovex. $ 26.95.
The Great Degeneration: How Institutions Decay and Economies Die. By Niall Ferguson. Penguin, New York. 2012. ISBN: 978-1-59420-545-3. 174 pp. Hardcovex. $ 26.95.
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Wars, violent revolutions, armed struggles and economic crises constitute a major part of the world history.Many nations and states faced testing times politically as well as economically.If empires grew, Shoes - Mens economies boomed, ideologies popularized, and systems flourished then there came a time when those empires vanished, economies crippled, ideologies faded and systems failed.
Taking the case of the US, the power of present times, there is a common understanding that it is all about institutions, strong system and efficient policies that it has gained power and influenced the world.But with the emergence of other powers VIT C 500MG ORANGE counts the US in world politics of late, especially China, the question that is being posed is: if the US is losing its influence? This central question has set the discourse across the globe and invited research enquiry about the claims on the gradual decline of the West.