The Great Demographic Reversal
Ageing Societies, Waning Inequality, and an Inflation Revival
2020
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Livre de Charles Goodhart et Manoj Pradhan · 9 août 2020
Genres : Essai, Version originale, Politique & économieThis 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... Voir plus
