Overview
- key threats to the world economy
- insight into the potential future of global economics
- Builds upon strong theoretical foundations
- Written by renowned French economist Jean-Hervé Lorenzi
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About this book
During the 1990s Francis Fukuyama announced the end of history. The 2000s showed how it is an illusion to imagine a peaceful world without conflict.
In this book the authors explore how six major constraints are set to fix the trajectory of the global economy. Three of them are new: the aging population, the failure of technical progress, and the scarcity of savings. The other three have been at work for some time: the explosion of inequality, the mass transfer of activities from one end of the world to the other, and the limitless financialization of economy. They suggest that like seismic activity which depends on pressure between tectonic plates, the political and social tensions will be exacerbated in the coming years by these major forces. They propose that authorities will be incapable of preventing neither the date nor the intensity of the coming earthquakes, and ask the question: Are we able to cope with these future shocks and the violence they are sure to cause?
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Keywords
Table of contents (8 chapters)
Authors and Affiliations
About the authors
Jean-Hervé Lorenzi is Professor of Economics at Paris-Dauphine University and President of the Circle of Economists. Mickaël Berrebi is an actuary graduated from the Ecole supérieure des sciences économiques et commerciales (ESSEC) in Paris.
Bibliographic Information
Book Title: A Violent World
Book Subtitle: Modern Threats to Economic Stability
Authors: Jean-Hervé Lorenzi, Mickaël Berrebi
DOI: https://doi.org/10.1007/978-1-137-58993-4
Publisher: Palgrave Macmillan London
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2016
Hardcover ISBN: 978-1-137-58992-7Published: 08 March 2016
eBook ISBN: 978-1-137-58993-4Published: 16 June 2016
Edition Number: 1
Number of Pages: XIV, 181
Topics: Environmental Economics, Development Economics, International Economics, Economic History, Economic Theory/Quantitative Economics/Mathematical Methods, Macroeconomics/Monetary Economics//Financial Economics