Buy new:
FREE delivery: 23 - 26 Aug. Details
Usually dispatched within 3 to 4 days.
S$S$41.40 () Includes selected options. Includes initial monthly payment and selected options. Details
Initial payment breakdown
Postage cost, delivery date and order total (including tax) shown at checkout
Your transaction is secure
We work hard to protect your security and privacy. Our payment security system encrypts your information during transmission. We don’t share your credit card details with third-party sellers and we don’t sell your information to others. Find out more
Ships from The Book Depository Limited
Sold by The Book Depository Limited
Ships from
The Book Depository Limited
Other Sellers on Amazon
& FREE Delivery
Sold by: ~9:9~
Sold by: ~9:9~
Just launched
Usually dispatched within 6 to 10 days.
and Return policy

The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival Hardcover – 9 August 2020

4.3 out of 5 stars 105 ratings

Amazon Price
New from Used from

Enhance your purchase

Frequently bought together

  • The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival
  • +
  • Boom and Bust: A Global History of Financial Bubbles
Total Price:
To see our price, add these items to your cart.
One of these items is shipped sooner than the other.
Choose items to buy together.

Product description


“I appreciate the global scope of this book and its emphasis on the complexity and interconnectedness of the global economy. This is the kind of long-term thinking that economists, policymakers, and others may find beneficial.” (, June 25, 2021)

“I think this is a very good forecast. … The book interestingly comments on an implied cycle in the standing of macroeconomics and macroeconomists. … their argument is well worth pondering and entering into our considerations of the biggest economic risks ahead.” (Alex J. Pollock, Law & Liberty,, May 18, 2021)

“The Great Demographic Reversal is packed with informative charts and tables. It presents a powerful, well-argued challenge to the ‘mainstream’ view that low growth, inflation and nominal interest rates are here to stay. Above all, its message that everyday economics needs to take demography seriously is surely correct.” (Diane Coyle, Financial Times, December 2, 2020)

“This thought-provoking book is a great read, and there is no need to be an economist to enjoy it.” (Philip Turner, Central Banking,, November 16, 2020)

“It is a pleasure to read a book this well argued. There is a good deal of careful analysis and there are lots of tables and graphs.” (Charles Taylor, Financial World, November 2020-January 2021)

From the Back Cover

This original and panoramic book proposes that the underlying forces of demography and globalisation will shortly reverse three multi-decade global trends - it will raise inflation and interest rates, but lead to a pullback in inequality. "Whatever the future holds", the authors argue, "it will be nothing like the past". Deflationary headwinds over the last three decades have been primarily due to an enormous surge in the world's available labour supply, owing to very favourable demographic trends and the entry of China and Eastern Europe into the world's trading system. This book demonstrates how these demographic trends are on the point of reversing sharply, coinciding with a retreat from globalisation. The result? Ageing can be expected to raise inflation and interest rates, bringing a slew of problems for an over-indebted world economy, but is also anticipated to increase the share of labour, so that inequality falls. Covering many social and political factors, as well as those that are more purely macroeconomic, the authors address topics including ageing, dementia, inequality, populism, retirement and debt finance, among others.

This book will be of interest and understandable to anyone with an interest on where the world's economy is going.

Best books of 2020
See top titles of the year

Product details

  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 260 pages
  • ISBN-10 ‏ : ‎ 3030426564
  • ISBN-13 ‏ : ‎ 978-3030426569
  • Customer reviews:
    4.3 out of 5 stars 105 ratings

No customer reviews

5 star (0%) 0%
4 star (0%) 0%
3 star (0%) 0%
2 star (0%) 0%
1 star (0%) 0%
How are ratings calculated?

Review this product

Share your thoughts with other customers

Most helpful customer reviews on 3.9 out of 5 stars 10 reviews
Kindle Customer
3.0 out of 5 stars Interesting and worth reading but the evidence remains to be seen
8 February 2021 - Published on
Verified Purchase
15 people found this helpful
Hendrik Bright
4.0 out of 5 stars How to combat the inevitable (?) inflation
12 May 2021 - Published on
Verified Purchase
9 people found this helpful
A. Menon
4.0 out of 5 stars An analysis of inflation dynamics as they relate to demographics
26 March 2021 - Published on
Verified Purchase
5 people found this helpful
Ian Visser
5.0 out of 5 stars Based on correct identification of conspicuously important macro factors
9 September 2020 - Published on
Verified Purchase
4 people found this helpful
3.0 out of 5 stars More needed
12 May 2021 - Published on
Verified Purchase
One person found this helpful