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The great demographic reversal = age...

Pradhan, Manoj.

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The great demographic reversal = ageing societies, waning inequality, and an inflation revival /

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	The great demographic reversal/ by Charles Goodhart, Manoj Pradhan.
其他題名:	ageing societies, waning inequality, and an inflation revival /
作者:	Goodhart, Charles.
其他作者:	Pradhan, Manoj.
出版者:	Cham :Springer International Publishing : : 2020.,
面頁冊數:	xx, 260 p. :ill., digital ;24 cm.
內容註:	1. Introduction -- 2. China: A Historic 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.
Contained By:	Springer Nature eBook
標題:	Globalization - Economic aspects. -
電子資源:	https://doi.org/10.1007/978-3-030-42657-6
ISBN:	9783030426576

The great demographic reversal = ageing societies, waning inequality, and an inflation revival /
Goodhart, Charles.

The great demographic reversalageing societies, waning inequality, and an inflation revival /[electronic resource] :by Charles Goodhart, Manoj Pradhan. - Cham :Springer International Publishing :2020. - xx, 260 p. :ill., digital ;24 cm.

1. Introduction -- 2. China: A Historic 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.

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's 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 over-indebted world economy, but is also anticipated to increase the share of labour, 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 on where the world's economy is going.

ISBN: 9783030426576

Standard No.: 10.1007/978-3-030-42657-6doiSubjects--Topical Terms:

561914
Globalization
--Economic aspects.

LC Class. No.: F1359 / .G663 2020

Dewey Class. No.: 337

The great demographic reversal = ageing societies, waning inequality, and an inflation revival /
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505 0 $a 1. Introduction -- 2. China: A Historic 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.
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