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The Great Demographic Reversal
Af: Manoj Pradhan, Charles Goodhart Engelsk Hardback
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kr 35
The Great Demographic Reversal
Af: Manoj Pradhan, Charles Goodhart Engelsk Hardback
This original and panoramic book proposes that the underlying forces of demography and globalisation will shortly reverse three multi-decade global trends – it will raise inflation and interest rates, but lead to a pullback in inequality.  “Whatever the future holds”, the authors argue, “it will be nothing like the past”. Deflationary headwinds over the last three decades have been primarily due to an enormous surge in the world’s available labour supply, owing to very favourable demographic trends and the entry of China and Eastern Europe into the world’s trading system.  This book demonstrates how these demographic trends are on the point of reversing sharply, coinciding with a retreat from globalisation.  The result? Ageing can be expected to raise inflation and interest rates, bringing a slew of problems for an over-indebted world economy, but is also anticipated to increase the share of labour, so that inequality falls.  Covering many social and political factors, as well as those that are more purely macroeconomic, the authors address topics including ageing, dementia, inequality, populism, retirement and debt finance, among others.  

This book will be of interest and understandable to anyone with an interest on where the world’s economy may be going.  


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This original and panoramic book proposes that the underlying forces of demography and globalisation will shortly reverse three multi-decade global trends – it will raise inflation and interest rates, but lead to a pullback in inequality.  “Whatever the future holds”, the authors argue, “it will be nothing like the past”. Deflationary headwinds over the last three decades have been primarily due to an enormous surge in the world’s available labour supply, owing to very favourable demographic trends and the entry of China and Eastern Europe into the world’s trading system.  This book demonstrates how these demographic trends are on the point of reversing sharply, coinciding with a retreat from globalisation.  The result? Ageing can be expected to raise inflation and interest rates, bringing a slew of problems for an over-indebted world economy, but is also anticipated to increase the share of labour, so that inequality falls.  Covering many social and political factors, as well as those that are more purely macroeconomic, the authors address topics including ageing, dementia, inequality, populism, retirement and debt finance, among others.  

This book will be of interest and understandable to anyone with an interest on where the world’s economy may be going.  


Produktdetaljer
Sprog: Engelsk
Sider: 260
ISBN-13: 9783030426569
Indbinding: Hardback
Udgave:
ISBN-10: 3030426564
Kategori: Makroøkonomi
Udg. Dato: 9 aug 2020
Længde: 24mm
Bredde: 164mm
Højde: 241mm
Oplagsdato: 9 aug 2020
Forfatter(e) Manoj Pradhan, Charles Goodhart


Kategori Makroøkonomi


Sprog Engelsk


Indbinding Hardback


Sider 260


Udgave


Længde 24mm


Bredde 164mm


Højde 241mm

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