Download PDF The Age of Stagnation Why Perpetual Growth is Unattainable and the Global Economy is in Peril Satyajit Das 9781633881587 Books
Download As PDF : The Age of Stagnation Why Perpetual Growth is Unattainable and the Global Economy is in Peril Satyajit Das 9781633881587 Books
The global economy is entering an era of protracted stagnation, similar to what Japan has experienced for over a decade.That is the message of this brilliant and controversial summary of our current economic predicament from an internationally respected consultant and commentator on financial markets, who predicted the Global Financial Crisis of 2008. The author challenges the assumption that growth can be perpetual and questions the ability of political leaders to enact the tough structural changes needed. He is particularly critical of the "easy money" approach to dealing with the great recession of 2008, citing the dangers of excessive debt and deep-seated fundamental imbalances. The fallout of these poor policies, he argues, will affect not only the business sector, but also the lifestyles and prosperity of average citizens and future generations.The author concludes with a thought experiment illustrating the large-scale changes that will be necessary to restore economic, financial, and social sustainability. This experiment has already been tried in Iceland, which went bankrupt in the wake of the 2008 crisis, and now, after a painful adjustment, is on the road to recovery.Written for the lay reader and peppered with witty anecdotes, this immensely readable book clearly explains the missteps that created the current dilemma, why a recovery has proved elusive, and the difficult remedies that must eventually be applied to ensure a stable future.
Download PDF The Age of Stagnation Why Perpetual Growth is Unattainable and the Global Economy is in Peril Satyajit Das 9781633881587 Books
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The Age of Stagnation Why Perpetual Growth is Unattainable and the Global Economy is in Peril [Satyajit Das] on . The global economy is entering an era of protracted stagnation, similar to what Japan has experienced for over a decade.That is the message of this brilliant and controversial summary of our current economic predicament from an internationally respected consultant and commentator on financial markets Satyajit Das,The Age of Stagnation Why Perpetual Growth is Unattainable and the Global Economy is in Peril,Prometheus,163388158X,International - Economics,Economic development,Economic development.,Economic policy,Economic policy.,Stagnation (Economics),Stagnation (Economics).,BUSINESS ECONOMICS / Development / Economic Development,BUSINESS ECONOMICS / Economic Conditions,BUSINESS ECONOMICS / International / Economics,Business Economics,Business Economics/Economic Conditions,Business Economics/International - Economics,Business Economics Economic Conditions,Business Economics International,Business Economics International / Economics,Business / Economics / Finance,Business/Economics,CONTEMPORARY ECONOMIC SITUATIONS AND CONDITIONS,Development - Economic Development,Economic Conditions,Economics,GENERAL,General Adult,Non-Fiction,POLITICAL SCIENCE / Public Policy / Economic Policy,Political Science/Public Policy - Economic Policy,Political Science Public Policy,Political Science Public Policy / Economic Policy,Public Policy - Economic Policy,Stagnation (Economics),Stagnation (Economics).,United States,economics; economy; business books; business; politics; political science; finance; globalization; capitalism; investing; money; investment; socialism; wall street; macroeconomics; collection; geopolitics; sociology; public policy; economic history; inequality; international politics; political books; world politics; philosophy; management; marxism; environment; leadership; strategy; government; political philosophy; economics books; behavioral economics; economic development; federal reserve; growth; political science books,economics;business;globalization;economy;political science;geopolitics;money;public policy;economic history;business books;strategy;government;political philosophy;international politics;economics books;behavioral economics;politics;political books;world politics;economic development;federal reserve;growth;political science books;finance;capitalism;investing;macroeconomics;sociology;collection;philosophy;inequality;management;investment;socialism;marxism;wall street;environment;leadership,BUSINESS ECONOMICS / Development / Economic Development,BUSINESS ECONOMICS / Economic Conditions,BUSINESS ECONOMICS / International / Economics,Business Economics/Economic Conditions,Business Economics/International - Economics,Business Economics Economic Conditions,Business Economics International / Economics,Development - Economic Development,Economic Conditions,POLITICAL SCIENCE / Public Policy / Economic Policy,Political Science/Public Policy - Economic Policy,Political Science Public Policy / Economic Policy,Public Policy - Economic Policy,Business / Economics / Finance,Contemporary Economic Situations And Conditions,Business Economics,Business/Economics
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