The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival

by Charles Goodhart and Manoj Pradhan

Book Overview

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...

• Format: Hardcover
• Language: English
• ISBN: 3030426564
• ISBN13: 9783030426569
• Release Date: August 2020
• Publisher: Palgrave MacMillan
• Length: 260 Pages
• Weight: 1.45 lbs.
• Dimensions: 1.0" x 6.3" x 9.4"