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| Asymmetric Demography and the Global Economy : Growth Opportunities and Macroeconomic Challenges in an Ageing World
ISBN: 9781137481436
Platform/Publisher: Ebook Central / Palgrave Macmillan
Digital rights: Users: Unlimited; Printing: Limited; Download: 7 Days at a Time
Subjects: Business/ Management;
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.
Ramiro Albrieu, University of Buenos Aires, ArgentinaMelvin Ayogu, Mapungubwe Institute for Strategic Reflection, South AfricaRicardo D. Brito, INSPER Institute of Education and Research, BrazilRichard N. Cooper, Harvard University, USAPranab Kumar Das, Centre for Studies in Social Sciences, Calcutta, IndiaCai Fang, Chinese Academy of Social SciencesSaibal Kar, Centre for Studies in Social Sciences, Calcutta, IndiaJosé Antonio Ocampo, Columbia University, USAOlumide Taiwo, Centre for the Study of the Economies of Africa, NigeriaCarlos Viana de Varvalho, Pontifical Catholic University of Rio de Janeiro, BrazilHarry X. Wu, Hitotsubashi University, Japan Du Yang, Chinese Academy of Social Sciences |
