The Great Inflation Resurgence: Why Inflation Returned in the 2020s and What to

Description: The Great Inflation Resurgence by Thomas Harr, Callum Henderson This book explores why inflation surged globally in the 2020s, where we are heading and what lessons we can draw from it. Following a decade of too-low inflation, inflation suddenly surged in 2021–22 to its highest levels in 40 years in the US and Europe. The book introduces a simple economic framework and adopts a global perspective to compare the inflation experiences across the US, Europe, and Asia. Among the key questions the authors tackle is 1) why the West suddenly experienced surging inflation when their central banks had been fighting too-low inflation in the 2010s, 2) why so few economists saw the inflation resurgence coming, and 3) why China now faces deflation.The great inflation resurgence has taught us several key lessons, namely that inflation is a global phenomenon with local characteristics, that economists should rely more on broad economic thinking, and less on models when large shocks occur, and finally that fiscal policy is a major differentiator. The authors, a central banker and an economist on the buy side, offer key lessons for both central banks and financial markets while anticipating where inflation might be headed. FORMAT Hardcover CONDITION Brand New Author Biography Thomas Harr is Chief Economist and Assistant Governor at Danmarks Nationalbank, which is Denmarks central bank, and manages the economic and monetary policy department. Before joining the central bank in 2021, Thomas worked in investment banking for more than 16 years, including roles as Global Head of Research at Danske Bank and Head of Local Market Research at Standard Chartered in Singapore. Thomas holds a masters degree in economics from the London School of Economics and a PhD in economics from the University of Copenhagen.Callum Henderson is Senior Director, Economic Analysis for CDPQ, Canadas second-largest pension fund, based in Singapore. Prior to joining CDPQ, Callum worked in banking for 17 years, including roles as Global Head of FX Research at Standard Chartered Bank and Head of Emerging Market Research at Bank of America. Callum has an MA in Middle East Politics and Economics from the University of Exeter, a DEF in French Studies from University of Tours, and a BA in Politics, French and Economics from the University of Sunderland. Table of Contents Introduction.- Chapter 1: Back to the future – The return of inflation in the 2020s.- Chapter 2: Fundamentals – A primer on what drives inflation.- Chapter 3: The US – Pandemic recovery and fiscal bazooka.- Chapter 4: Europe – Same, same, but different.- Chapter 5: Asia – This place is different.- Chapter 6: Global – Similarities and differences across US, Europe, and Asia.- Chapter 7: The inflation debate: The view from a central banker vs. a market practitioner.- Chapter 8: From the Great Moderation to a multi-polar and climate-risk world.- Chapter 9: Lessons learned from the great inflation resurgence.- Chapter 10: Lessons in markets.- Concluding remarks. Details ISBN3031647815 Author Callum Henderson Publisher Springer International Publishing AG ISBN-13 9783031647819 Format Hardcover Imprint Palgrave Macmillan Subtitle Why Inflation Returned in the 2020s and What to Expect Next Country of Publication Switzerland Alternative 9783031577659 Audience Professional & Vocational DEWEY 332.41 Edition Description 2024 ed. Edition 2024th Pages 186 Year 2024 Publication Date 2024-08-09 Illustrations 32 Illustrations, color; 6 Illustrations, black and white; XXV, 186 p. 38 illus., 32 illus. in color. ISBN-10 3031647815 UK Release Date 2024-08-09 We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:161473199;

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