Information and development: Globalisation interrupted and deglobalisation risks Phuah Eng Chye (17 August 2019) Globalisation is the main pathway to economic advancement and prosperity. Yet, for all its contributions to growth, globalisation is often cast as the villain in political discourse. In matured economies, politicians tap on public insecurities arising from the loss of factories, … “Information and development: Globalisation interrupted and deglobalisation risks”
Tag: Lawrence H. Summers
Organisation of households: Aging, secular stagnation and population policies
Organisation of households: Aging, secular stagnation and population policies Phuah Eng Chye (31 March 2018) The hypothesis that changes in household structures increase labour market frictions[1] and weaken household and business formation[2] is consistent with secular stagnation theories on how aging dampens consumption, employment, productivity and production and exerts long-term downward pressure on economic growth … “Organisation of households: Aging, secular stagnation and population policies”