000940690 000__ 03741cam\a2200481Ia\4500 000940690 001__ 940690 000940690 005__ 20230306152157.0 000940690 006__ m\\\\\o\\d\\\\\\\\ 000940690 007__ cr\un\nnnunnun 000940690 008__ 200819s2020\\\\sz\\\\\\ob\\\\001\0\eng\d 000940690 019__ $$a1183958017$$a1191060915$$a1195471007 000940690 020__ $$a9783030426576$$q(electronic book) 000940690 020__ $$a3030426572$$q(electronic book) 000940690 020__ $$z3030426564 000940690 020__ $$z9783030426569 000940690 0247_ $$a10.1007/978-3-030-42657-6$$2doi 000940690 0247_ $$a10.1007/978-3-030-42 000940690 035__ $$aSP(OCoLC)on1184057073 000940690 035__ $$aSP(OCoLC)1184057073$$z(OCoLC)1183958017$$z(OCoLC)1191060915$$z(OCoLC)1195471007 000940690 040__ $$aYDX$$beng$$cYDX$$dGW5XE$$dEBLCP$$dLQU$$dN$T 000940690 049__ $$aISEA 000940690 050_4 $$aHF1359 000940690 08204 $$a337$$223 000940690 1001_ $$aGoodhart, C. A. E.$$q(Charles Albert Eric) 000940690 24514 $$aThe great demographic reversal :$$bageing societies, waning inequality, and an inflation revival /$$cCharles Goodhart, Manoj Pradhan. 000940690 260__ $$aCham, Switzerland :$$bPalgrave Macmillan,$$c2020. 000940690 300__ $$a1 online resource 000940690 336__ $$atext$$btxt$$2rdacontent 000940690 337__ $$acomputer$$bc$$2rdamedia 000940690 338__ $$aonline resource$$2rdacarrier 000940690 504__ $$aIncludes bibliographical references and index. 000940690 5050_ $$a1. Introduction -- 2. China: A Historic Mobilization Ends -- 3. The Great Demographic Reversal and its Effect on Future Growth -- 4. Dependency, Dementia and the Coming Crisis of Caring -- 5. The Likely Resurgence of Inflation -- 6. The Determination of (Real) Interest Rates during the Great Reversal -- 7. Inequality and the Rise of Populism -- 8. The Phillips Curve -- 9. "Why Didnt It Happen in Japan?": A Revisionist History of Japans Evolution -- 10. What Could Offset Global Ageing? India/Africa, Participation and Automation -- 11. The Debt Trap: Can We Avoid It? -- 12. A Switch from Debt to Equity Finance? -- 13. Future Policy Problems: Old Age and Taxes, and the Monetary-Fiscal Clash -- 14. Swimming Against the (Main)Stream. 000940690 506__ $$aAccess limited to authorized users. 000940690 520__ $$aThis original and panoramic book proposes that the underlying forces of demography and globalisation will shortly reverse three multi-decade global trends - it will raise inflation and interest rates, but lead to a pullback in inequality. "Whatever the future holds", the authors argue, "it will be nothing like the past". Deflationary headwinds over the last three decades have been primarily due to an enormous surge in the worlds available labour supply, owing to very favourable demographic trends and the entry of China and Eastern Europe into the worlds trading system. This book demonstrates how these demographic trends are on the point of reversing sharply, coinciding with a retreat from globalisation. The result? Ageing can be expected to raise inflation and interest rates, bringing a slew of problems for an over-indebted world economy, but is also anticipated to increase the share of labour, so that inequality falls. Covering many social and political factors, as well as those that are more purely macroeconomic, the authors address topics including ageing, dementia, inequality, populism, retirement and debt finance, among others. This book will be of interest and understandable to anyone with an interest on where the worlds economy is going. 000940690 650_0 $$aGlobalization$$xEconomic aspects. 000940690 650_0 $$aPopulation aging. 000940690 650_0 $$aAge distribution (Demography) 000940690 7001_ $$aPradhan, Manoj. 000940690 77608 $$iPrint version:$$z3030426564$$z9783030426569$$w(OCoLC)1138674827 000940690 852__ $$bebk 000940690 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-3-030-42657-6$$zOnline Access$$91397441.1 000940690 909CO $$ooai:library.usi.edu:940690$$pGLOBAL_SET 000940690 980__ $$aEBOOK 000940690 980__ $$aBIB 000940690 982__ $$aEbook 000940690 983__ $$aOnline 000940690 994__ $$a92$$bISE