<xmp id="gwyma">
  • <menu id="gwyma"><code id="gwyma"></code></menu><nav id="gwyma"><optgroup id="gwyma"></optgroup></nav>
    Global EditionASIA 中文雙語Fran?ais
    Home / Culture / Books

    Book exploring 'Great Demographic Reversal' published in China

    By Wang Ru | chinadaily.com.cn | Updated: 2021-08-13 14:56
    Share - WeChat
    The Great Demographic Reversal : Ageing Societies, Waning Inequality, and an Inflation Revival. [Photo provided to China Daily]

    The Great Demographic Reversal:Ageing Societies, Waning Inequality, and an Inflation Revival, a book by British economist Charles Goodhart and Manoj Pradhan, founder of the independent macroeconomic research firm Talking Heads Macro, was recently published in China by Beijing-based publisher CITIC Press Group.

    With the seventh population census in China, birth rates and ageing have become popular topics, and people have increasingly realized the influence of demographic structure.

    According to the authors, deflationary headwinds over the last three decades have been primarily due to an enormous surge in the world's available labor supply, owing to very favorable demographic trends and the entry of China and Eastern Europe into the world's trade system. This book demonstrates how these demographic trends are on the cusp of a sharp reversal, coinciding with a retreat from globalization.

    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.

    Most Popular
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349