RAY DALIO RELEASES INAUGURAL EDITION OF ANNUAL GLOBAL POWER SCORE INDEX
The Power Score Index for Countries Shows 18 Measures of Strength & Provides an Aggregate Power Reading for 24 Countries Based on the Research Shown in Dalio's Latest Bestseller, the Changing World Order
NEW YORK, May 24, 2024 /PRNewswire/ -- Based on the research described in his recently released and latest New York Times Bestseller Principles for Dealing with the Changing World Order:Why Nations Succeed and Fail(Changing World Order) famed investor and author Ray Dalio today announced the releaseof the inaugural edition of his new Country Power Score Index (Power Score). The index shows levels of 18 different types of strengths and combines them into an aggregate measure of powerfor the top 24 countries. Besides being able to compare countries' strengths and watch them evolve over time, one can use the Power Score as a good leading indicator of future conditions.Due to the scores beingan objective measure of health that are leading indicators of future well-being, they also provide a guide for producing improved outcomes for policy makers and can serve as a tool for individuals for anticipating conditions.
The indexwas crafted in a waythat only Dalio can do because of his experience as a global-macro investor and student of history for more than 50 years.To do his job well, Dalio has spent decades studying what makes countries and their markets rise and decline. He and his Bridgewater research team converted his learnings into the 18 different determinants of power including education, innovation and technology development, civility of people, economic output, incomes and balance sheets, reserve currency status, military, etc. to generate readings that measure countries' strength in these areas and serve as indicators. Weighing different quantitative indicators and drawing from hundreds of data series, the indices convey pictures for 24 countries that are helpful in decision making. The whole process, including writing the text descriptions of what is happening, has been computerized so that the index will continue independently and beyond Dalio.
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