8 min listen
Demography and globalisation: reversing trends
Demography and globalisation: reversing trends
ratings:
Length:
34 minutes
Released:
Oct 21, 2020
Format:
Podcast episode
Description
In this episode of The Sound of Economics, we invite Charles Goodhart and Manoj Pradhan to talk about their most recent book: 'The Great Demographic Reversal’. They argue that trends in demography and globalisation, especially the stunning rise of China combining both, have greatly weakened labour bargaining power and led to subsequent disinflation, inequality and falling interest rates. But just as these demographic and globalisation trends are now reversing, labour bargaining power will rise again, bringing with it more inflation, less inequality and rising interest rates. The coronavirus pandemic will only accelerate this reversal.Bruegel scholars Maria Demertzis and Guntram Wolff join the authors for a conversation on ageing societies, waning inequality, as well as an inflation revival.
Released:
Oct 21, 2020
Format:
Podcast episode
Titles in the series (100)
8: What the German coalition agreement means for Europe: The final document on the German coalition agreement will have significant consequences for the European Union and the Eurozone. Bruegel director Guntram Wolff gives his assessment of the agreement's key features in this episode of 'The Sound of Econom... by The Sound of Economics