| Asymmetric Demography and the Global Economy: Growth Opportunities and Macroeconomic Challenges in an Ageing World 2015 Edition Contributor(s): Fanelli, J. (Editor) |
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ISBN: 134950386X ISBN-13: 9781349503865 Publisher: Palgrave MacMillan OUR PRICE: $104.49 Product Type: Paperback - Other Formats Published: December 2015 |
| Additional Information |
| BISAC Categories: - Business & Economics | Econometrics - Business & Economics | Economic Conditions - Business & Economics | Economics - Macroeconomics |
| Dewey: 338.9 |
| Physical Information: 0.65" H x 6.14" W x 9.21" (0.97 lbs) 293 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: The global demographic transition presents marked asymmetries as poor, emerging, and advanced countries are undergoing different stages of transition. Emerging countries are demographically younger than advanced economies. This youth is favorable to growth and generates a demographic dividend. However, the future of emerging economies will bring a decline in the working-age share and a rise in the older population, as is the case in today's developed world. Hence, developing countries must get rich before getting old, while advanced economies must try not to become poorer as they age. Asymmetric Demography and the Global Economy contributes to our understanding of why this demographic transition matters to the domestic macroeconomics and global capital movements affect the asset accumulation, growth potential, current account, and the economy's international investment position. This collaborative collection approaches these questions from the perspective of "systemically important" emerging countries i.e., members of the G20 but considers both the national and the global sides of the problem. |