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 politicalfactors, 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 may be going.

• We started tracking this book on December 30, 2020.
• This book was £17.09 when we started tracking it.
• The price of this book has changed 15 times in the past 1,909 days.
• The current price of this book is £13.81 last checked 7 hours ago.
• This book is at its lowest price in the past year.
• The lowest price to date was £13.30 last reached on June 5, 2021.
• This book has been £13.30 one time since we started tracking it.
• The highest price to date was £17.57 last reached on November 29, 2021.
• This book has been £17.57 one time since we started tracking it.

• Text-to-Speech: Disabled
• Lending: Disabled
• Print Length: 405 Pages
• File Size: 208 KB