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The Demographics of Stagnation
- Narrated by: Kevin Stillwell
- Length: 23 mins
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The Demographics of Stagnation
Narrated by:
Kevin Stillwell
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Publisher's Summary
In every single region of the world, economic growth has failed to return to the rate it averaged before the Great Recession. Economists have come up with a variety of theories for why this recovery has been the weakest in postwar history, including high indebtedness, growing income inequality, and excess caution induced by the original debt crisis. Although each explanation has some merit, experts have largely overlooked what may be the most important factor: the global slowdown in the growth of the labor force.
©2016 Foreign Affairs (P)2016 Audible, Inc.