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Cargando... The Next Age of Uncertainty: How the World Can Adapt to a Riskier Futurepor Stephen Poloz
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Inscríbete en LibraryThing para averiguar si este libro te gustará. Actualmente no hay Conversaciones sobre este libro. 5 forces for change: aging workforce, mounting debt, rising income inequality, Technological advances, climate change Victorian Depression in the late 1800 was caused when countries started to remove Silver from money supply. Not enough currency. https://financialpost.com/news/economy/tectonic-forces-are-working-on-the-econom... sin reseñas | añadir una reseña
NATIONAL BESTSELLER From the former Governor of the Bank of Canada, a far-seeing guide to the powerful economic forces that will shape the decades ahead. The economic ground is shifting beneath our feet. The world is becoming more volatile, and people are understandably worried about their financial futures. In this urgent and accessible guide to the crises and opportunities that lie ahead, economist and former Governor of the Bank of Canada Stephen Poloz maps out the powerful tectonic forces that are shaping our future, and the ideas that will allow us to master them. These forces include an aging workforce, mounting debt, and rising income inequality. Technological advances, too, are adding to the pressure, putting people out of work, and climate change is forcing a transition to a lower-carbon economy. It is no surprise that people are feeling uncertain. The implications of these tectonic tensions will cascade throughout every dimension of our lives--the job market, the housing market, the investment climate, as well as government and central bank policy, and the role of the corporation within society. The pandemic has added momentum to many of them. Poloz skillfully argues that past crises, from the Victorian Depression in the late 1800s to the more recent downturn in 2008, give a hint of what is in store for us in the decades ahead. Unlike the purely destructive power of earthquakes, the upheaval that is sure to come in the decades ahead will offer unexpected opportunities for renewal and growth. Filled with takeaways for employers, investors, and policymakers, as well as families discussing jobs and mortgage renewals around the kitchen table, The Next Age of Uncertainty is an indispensable guide for those navigating the fault lines of the risky world ahead. No se han encontrado descripciones de biblioteca. |
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Google Books — Cargando... GénerosSistema Decimal Melvil (DDC)338.542Social sciences Economics Production Microeconomics Fluctuations Business CyclesClasificación de la Biblioteca del CongresoValoraciónPromedio:
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The author begins by talking about five "tectonic forces" that increase uncertainty: aging population, technological change growing income inequality, rising debt and climate change. While the descriptions of these forces were well thought out and well presented, there is not a lot new here.
For me, the real value-added of the book was the inside view of central bank considerations and actions. This I found fascinating. The book is well written, very personable and human. Well worth reading. ( )