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.