Economic Theory

A Violent World: Modern Threats to Economic Stability - download pdf or read online

By Jean-Hervé Lorenzi, Mickaël Berrebi

ISBN-10: 1137589930

ISBN-13: 9781137589934

ISBN-10: 134988782X

ISBN-13: 9781349887828

During the Nineteen Nineties Francis Fukuyama introduced the top of heritage. The 2000s confirmed the way it is an phantasm to visualize a relaxed global with no conflict.

In this booklet the authors discover how six significant constraints are set to mend the trajectory of the worldwide economic system. 3 of them are new: the getting older inhabitants, the failure of technical growth, and the shortage of discounts. the opposite 3 were at paintings for your time: the explosion of inequality, the mass move of actions from one finish of the realm to the opposite, and the unlimited financialization of economic climate. They recommend that like seismic task which relies on strain among tectonic plates, the political and social tensions might be exacerbated within the coming years via those significant forces. They suggest that gurus could be incapable of forestalling neither the date nor the depth of the arrival earthquakes, and ask the query: can we take care of those destiny shocks and the violence they're absolute to reason?

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Additional resources for A Violent World: Modern Threats to Economic Stability

Sample text

While the proportion of adults of working age is reducing in our ageing societies with, in particular, an increase in the ratio of welfare dependency, what is the effect of such a change on our collective capacity to innovate? Two schools of thought have been in conflict on this subject for a number of years. On the one hand, Robert Solow,26 in his brilliant growth model, mentions the ‘dilution’ of productive resources in a growing number of workers, operating against growth per head of the population.

Thus, of the quantity of cereals and soya beans produced, the French consume 13,680 calories while a Bangladeshi is content with 1,450 calories derived from plants, nearly ten times less. This leads to unbearable conclusions. The number of humans who can be fed is closely dependent on their diet. Yet this figure varies depending on the relationship between the share of vegetable crops that is consumed directly and the share of these same plants that is used to feed animals that are subsequently eaten.

This is due to the tendency to underestimate the demographic dynamic in this first part of the twenty-first century and the geopolitical changes it could cause. 3 billion, with those living in OECD countries accounting for just over a billion. In 2050, the world population will have reached a peak, but the population of the OECD area will hardly have changed. The challenge for this century is to meet the essential needs of the inhabitants of the emerging nations and of the poorest countries. There will be a requirement to meet needs in terms of food, water and energy while collectively managing a climate change that is sustainable.

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A Violent World: Modern Threats to Economic Stability by Jean-Hervé Lorenzi, Mickaël Berrebi

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