eBook - ePub

The Great Demographic Reversal

Name: The Great Demographic Reversal
ISBN: 9783030426576

Ageing Societies, Waning Inequality, and an Inflation Revival

Charles Goodhart,

Manoj Pradhan,

English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

The Great Demographic Reversal

Ageing Societies, Waning Inequality, and an Inflation Revival

Charles Goodhart,

Manoj Pradhan,

About this book

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 politicalfactors, 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 toanyone with an interest on where the world's economy may be going.

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Yes, you can access The Great Demographic Reversal by Charles Goodhart,Manoj Pradhan in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over one million books available in our catalogue for you to explore.