# Highly Recommended《New Book Condition + Hardcover Edition + Insights & Perspectives of Economic Challenges Ahead》Milton Ezrati -THIRTY TOMORROWS : The Next Three Decades of Globalization, Demographics, and How We Will Live
This International Bestseller in hardcover edition is a bran-new book and nicely wrapped with protective book-wrapper. The original new book is sold at usual price RM116.59 (Hardcover). Now here Only at RM25. "This book is a forecast." Over the next three decades, the aging populations in America, Europe, and Japan will begin to threaten our way of life. The ever-increasing pool of retirees will burden relatively diminished workforces, slowing the pace of growth and straining public and private finances. In stark contrast, the emerging economies---India, Brazil, and China prominent among them---enjoy the benefits of large, youthful, and eager workforces, and will do so for years to come. As seasoned economist Milton Ezrati argues, these demographic differences will set the economic and financial tone for the next three decades or more. But the author argues the future is nonetheless brighter than the media forecasting will have you believe. We can survive---and even thrive---in the face of challenges that force radical change on our workforce. America has the capacity to lead the globe in making needed reforms, including increasing the participation of women in the workplace, creating generally longer working lives, changing what and how economies produce, and much more. Ezrati's book will be a game changer for investors, owners of businesses both big and small, and for anyone else interested in prediction of what the future holds. Ezarti's hypothesis on aging demographics and the place of the world's super powers in the modern global power struggle is just that, a series of interesting considerations, but rife with what can only be upper class ignorance to realities of the working populations and its poor. To be fair, the ideas are based on proven theories, and there are various examples of Ezrati's beliefs. What does Ezrati believe? That in the future our aging demographics will put extreme strain on the economic welfare of today's super powers which will cause over working of the younger generation and that the super powers will need to make major changes in production, economic behaviours and political agendas. ----------------------------------------------- KIRKUS REVIEW : A veteran economist and money manager looks ahead at the currents and countercurrents likely to roil the global economy in the next thirty years. Demographics is destiny, writes Ezrati (Kawari: How Japan’s Economic and Cultural Transformation Will Alter the Balance of Power Among Nations, 1999, etc.), or at least “as close as one can come where economics and finance are concerned.” Thus, the aging populations of America, Japan and the European Union countries will drive most of the adjustments necessary to ensure prosperity. Labor shortages in these developed nations, only partly ameliorated by immigration, will leave mass production to the emerging economies of China, India and Brazil, while the old powerhouses will increasingly depend on innovation and refinement for their economic successes. Trade and increased globalization will work to relieve the pressure imposed by demographics but only if the developed nations remove needless impediments—brainless government subsidies, protectionist policies, shortsighted regulation—to growth, intensify their research and development efforts, improve their educational institutions and provide training for workers bound to be displaced by the new environment. At the same time, developing economies must broaden and integrate their economies. These changes, Ezrati acknowledges, won’t be painless—we’ve already experienced the huge financial booms/busts, the widening income gaps and the erosion of the middle class that come with more intense levels of globalization—and nations like Russia, Venezuela and the Gulf States that rely on oil exports for their current prosperity are at special risk, but attempts to restrain globalization will likely cause worse hardship. He concludes by explaining why the U.S. is the only viable candidate to lead the world into the new era, offering recommendations as to how America can shore up its principal role and setting out historical reasons to be hopeful about success. A balanced analysis of the future shape of the world’s increasingly interdependent economies. About the Author MILTON EZRATI has spent over forty years in the finance sector. Ezrati has extensive media experience through his position as senior economist, market strategist, and partner at Lord Abbett and Co., a money-management firm that handles approximately $132.6 billion in assets. He is an affiliate of the Center for the Study of Human Capital and Economic Growth at the State University of New York at Buffalo. A New York native, he has worked at Citibank, Chase, Lionel D. Edie & Co, and Nomura Capital Management.
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