The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival
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Demographic shifts challenging global economic trends.
If you're curious about how our aging populations are poised to impact economics worldwide, "The Great Demographic Reversal" is definitely for you. It's a forward-looking book that offers a refreshing perspective on the future of inflation, interest rates, and social equality, grounded in demographic research. A bit heavy on the macroeconomic side, but if you enjoy thought-provoking analysis on societal trends and their financial implications, this might just change how you see the world's economic future.
The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival
Regular price
- Unit price
- / per
Description
This original and panoramic book proposes that the underlying forces of demography and globalization 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 labor supply, owing to very favorable 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 globalization. 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 labor, 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 in where the world’s economy may be going.
Condition guide
Book Condition Guide
Books in Like New Condition
This book may contain very minor cosmetic defects, but it is in pristine condition. There should be no yellowing, no foxing, no water damage, and no annotations of any kind on the cover and the pages. For paperbacks, there should not be any crease marks on the spine. This book is good as new — lucky you!
*Books may be missing bundle media (e.g. CD, e-book code), if included.
Books in Very Good Condition
This book has been used, but it is still in a clean condition. There should be no foxing or annotations of any kind on the inner pages, but a sparse amount may be present on the cover, title pages, or outside edges of the book. There should be no water damage of any kind. For paperbacks, there may be light crease marks on the spine.
*Books may be missing bundle media (e.g. CD, e-book code), if included.
Books in Good Condition
We do our best to ensure the quality of our books, but there is no escaping the wear and tear that comes with time. Slight foxing and some annotations may be present on the pages and the cover. There should be no water damage of any kind. For paperbacks, there may be several crease marks on the spine.
*Books may be missing bundle media (e.g. CD, e-book code), if included.
Books in Well Read Condition
This is a well-read book, which means that the previous owner probably really enjoyed it! The cover and pages may include moderate foxing and annotations, but the text is not obscured and still readable. Moderate cosmetic defects and minor water damage may be present on the edges of the book. For paperbacks, there may be multiple crease marks on the spine.
*Books may be missing bundle media (e.g. CD, e-book code), if included.
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Demographic shifts challenging global economic trends.
If you're curious about how our aging populations are poised to impact economics worldwide, "The Great Demographic Reversal" is definitely for you. It's a forward-looking book that offers a refreshing perspective on the future of inflation, interest rates, and social equality, grounded in demographic research. A bit heavy on the macroeconomic side, but if you enjoy thought-provoking analysis on societal trends and their financial implications, this might just change how you see the world's economic future.
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