书籍封面

书籍封面

书籍信息

  • 作者:Charles Goodhart
  • 出版时间:2020-8-9
  • 定价:GBP 22.99
  • 页数:280
  • ISBN:9783030426569

书籍介绍

Thisoriginalandpanoramicbookproposesthattheunderlyingforcesofdemographyandglobalisationwillshortlyreversethreemulti-decadeglobaltrends–itwillraiseinflationandinterestrates,butleadtoapullbackininequality.“Whateverthefutureholds”,theauthorsargue,“itwillbenothinglikethepast”.Deflationaryheadwindsoverthelastthreedecadeshavebeenprimarilyduetoanenormoussurgeintheworld’savailablelaboursupply,owingtoveryfavourabledemographictrendsandtheentryofChinaandEasternEuropeintotheworld’stradingsystem.Thisbookdemonstrateshowthesedemographictrendsareonthepointofreversingsharply,coincidingwitharetreatfromglobalisation.Theresult?Ageingcanbeexpectedtoraiseinflationandinterestrates,bringingaslewofproblemsforanover-indebtedworldeconomy,butisalsoanticipatedtoincreasetheshareoflabour,sothatinequalityfalls.Coveringmanysocialandpoliticalfactors,aswellasthosethataremorepurelymacroeconomic,theauthorsaddresstopicsincludingageing,dementia,inequality,populism,retirementanddebtfinance,amongothers.

Thisbookwillbeofinterestandunderstandabletoanyonewithaninterestonwheretheworld’seconomyisgoing.