Title
The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival,Used
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This original and panoramic book proposes that the underlying forces of demography and globalisation will shortly reverse three multidecade 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 worlds available labour supply, owing to very favourable demographic trends and the entry of China and Eastern Europe into the worlds 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 overindebted 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 to anyone with an interest on where the worlds economy may be going.
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- Q: What is the main theme of 'The Great Demographic Reversal'? A: The main theme of 'The Great Demographic Reversal' is how demographic changes and globalisation are reversing long-standing trends, leading to potential increases in inflation and interest rates, while also reducing inequality.
- Q: Who is the author of this book? A: The author of 'The Great Demographic Reversal' is Charles Goodhart.
- Q: What are some key topics covered in the book? A: Key topics include ageing, dementia, inequality, populism, retirement, and debt finance, exploring their impact on the economy.
- Q: When was 'The Great Demographic Reversal' published? A: 'The Great Demographic Reversal' was published on August 9, 2020.
- Q: What is the binding type of this book? A: The book is available in hardcover binding.
- Q: How many pages does the book have? A: 'The Great Demographic Reversal' contains 280 pages.
- Q: Is this book suitable for general readers? A: Yes, the book is written in a way that is understandable and of interest to anyone curious about the future direction of the world economy.
- Q: What edition is 'The Great Demographic Reversal'? A: This book is the 1st edition, published in 2020.
- Q: What is the condition of the book? A: 'The Great Demographic Reversal' is brand new.
- Q: What category does this book fall under? A: The book is categorized under Economic Policy & Development.