Download e-book for iPad: Asymmetric Demography and the Global Economy: Growth by J. Fanelli

By J. Fanelli

the worldwide demographic transition offers marked asymmetries as terrible, rising, and complex international locations are present process diversified levels of transition. rising international locations are demographically more youthful than complex economies. This early life is favorable to development and generates a demographic dividend. despite the fact that, the way forward for rising economies will convey a decline within the working-age proportion and an increase within the older inhabitants, as is the case in ultra-modern constructed global. for this reason, constructing international locations needs to get wealthy sooner than ageing, whereas complex economies needs to test to not develop into poorer as they age.

Asymmetric Demography and the worldwide economic climate contributes to our knowing of why this demographic transition issues to the household macroeconomics and worldwide capital events impact the asset accumulation, progress power, present account, and the economy's foreign funding place. This collaborative assortment techniques those questions from the viewpoint of "systemically vital" rising international locations i.e., individuals of the G20 yet considers either the nationwide and the worldwide aspects of the problem.

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Asymmetric Demography and the Global Economy: Growth Opportunities and Macroeconomic Challenges in an Ageing World by J. Fanelli

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