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Pretty much, corruption at high levels of goverment and the instabilty this created was a massive part of the decline of the Roman Empire.
Another big factor though was actually conservatism, the Romans under Augustus were massively more advanced than the nations they were taking on in norther europe, 400 years latter the gap in terms of weaponry and tactics had narrowed considerably.
If were talking about the Islamic world as well I would argue a big factor in its decline in power was actually when it became more conservative whilst Christian Europe shifted in the opposite direction.
Yeah there's a radical difference between the governments of states in the academic golden age in the Middle East while Europe was trapped in the dark ages, vs modern regimes that claim to be Islamic but want to suppress education, trade, and freedom.
Whether that's post revolution Iran or ISIL in Syria, the control and violence ends up suppressing the economic and academic gains a region could be enjoying and not promoting them.