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Ruchir Sharma Speaks To Prannoy Roy On Top 10 Trends Of 2019: Highlights
Jan 09, 2019 00:53 (IST)
Let's look at trend 5: Moving a little away from economics to kind of a political scenario, Ruchir Sharma says he sees a huge anti-establishment wave around the world


What it means is that votes for populists and right-wing and left-wing parties has gone sharply up. It did go up just before the Second World War with the Nazi movement and then it has been more or less flat -  around 10% of the vote - but it's just gone shooting up again and the votes are as high now as they were in 1939-1940.


However, despite this anti-establishment wave, the kind of leaders that have come to power, have been much older. Average age of leaders used to be 53 years old and now it has gone up to 61 years old.

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