Format:
xx, 260 Seiten
,
Diagramme
ISBN:
9783030426569
Content:
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
Content:
Mobilization Ends -- 3. The Great Demographic Reversal and its Effect on Future Growth -- 4. Dependency, Dementia and the Coming Crisis of Caring -- 5. The Likely Resurgence of Inflation -- 6. The Determination of (Real) Interest Rates during the Great Reversal -- 7. Inequality and the Rise of Populism -- 8. The Phillips Curve -- 9. "Why Didn't It Happen in Japan?": A Revisionist History of Japan's Evolution -- 10. What Could Offset Global Ageing? India/Africa, Participation and Automation -- 11. The Debt Trap: Can We Avoid It? -- 12. A Switch from Debt to Equity Finance? -- 13. Future Policy Problems: Old Age and Taxes, and the Monetary-Fiscal Clash -- 14. Swimming Against the (Main)Stream.
Note:
Literaturverzeichnis: Seite 219-233
,
Introduction -- China: An Historic Mobilisation Ends -- The Great Demographic Reversal and Its Effect on Future Growth -- Dependency, Dementia and the Coming Crisis of Caring -- The Resurgence of Inflation -- The Determination of (Real) Interest Rates During the Great Reversal -- Inequality and the Rise of Populism -- The Phillips Curve -- ‘Why Didn’t It Happen in Japan?’ A Revisionist History of Japan’s Evolution -- What Could Offset Global Ageing? India/Africa, Participation and Automation -- The Debt Trap: Can We Avoid It? -- A Switch from Debt to Equity Finance? -- Future Policy Problems: Old Age and Taxes, and the Monetary-Fiscal Clash -- Swimming Against the (Main)Stream -- Postscript: Future Imperfect After Coronavirus
Additional Edition:
ISBN 9783030426576
Additional Edition:
ISBN 9783030426583
Additional Edition:
Erscheint auch als Online-Ausgabe Goodhart, Charles A. E., 1936 - The great demographic reversal Cham : Palgrave Macmilla, 2020 ISBN 9783030426576
Additional Edition:
Erscheint auch als Online-Ausgabe Goodhart, Charles The Great Demographic Reversal Cham : Springer International Publishing, 2020 ISBN 9783030426576
Language:
English
Subjects:
Economics
Keywords:
Demographie
;
Sozialpolitik
;
Makroökonomie
;
Weltwirtschaft
DOI:
10.1007/978-3-030-42657-6
