| ID | 144022 |
| Title Proper | Demographics of stagnation |
| Other Title Information | why people matter for economic growth |
| Language | ENG |
| Author | Sharma, Ruchir |
| Summary / Abstract (Note) | In every single region of the world, economic growth has failed to return to the rate it averaged before the Great Recession [1]. 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 [2], 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 |
| `In' analytical Note | Foreign Affairs Vol. 95, No.2; Mar-Apr 2016: p.18-24 |
| Journal Source | Foreign Affairs Vol: 95 No 2 |
| Key Words | Economic Growth ; Global Population ; People Power ; Demographics of Stagnation |