Download e-book for iPad: Agequake: Riding the Demographic Rollercoaster Shaking by Paul Wallace

By Paul Wallace

ISBN-10: 0585355495

ISBN-13: 9780585355498

ISBN-10: 1857881923

ISBN-13: 9781857881929

ISBN-10: 1857881931

ISBN-13: 9781857881936

This can be the first-ever, really worldwide, indepth examine the large results of the demographic rolllercoaster and what it ability for employment, investments, new company improvement, advertising and marketing and the commercial strength map of the realm.

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Additional resources for Agequake: Riding the Demographic Rollercoaster Shaking Business, Finance, and Our World

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On the side they have left, their interests as workers were paramount. On the side they have reached, their interests as investors come first. Now that Europeans are asserting their rights as savers and investors as well as wage earners, they have served notice on economic systems that waste capital. Low returns are no longer tolerated. This development has brought to a summary close a brief debate in the mid-1990s about the supposed superiority of `stakeholder capitalism', a term borrowed from management consultants.

The inevitable consequence is that children are postponed. Since the mid-1980s, for example, more European women have been having more children in their early thirties than in their early twenties – an unprecedented development. 33 The link works in two ways. First, the proportion of women who end up having no children at all has risen remorselessly. In the UK, about a fifth of women born in 1960 are expected to be childless, compared with a tenth of those born in 1945. 34 Secondly, the women who do have children don't have enough to compensate for the increasing incidence of childlessness.

In the 1960s boomers invented counter-culture; but in the 1990s they embraced equity culture. Counter-culture was by comparison a one-night stand: equity culture is here to stay, not just in the US but across the world. 46 AGEQUAKE This heady new love affair has made US mutual funds reach for the sky. Once they were dwarfed by bank assets. As recently as 1990 they were only a third of the size of the banking system. By the end of 1998, however, with assets of over $5 trillion mutual funds stood eye to eye with banks.

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Agequake: Riding the Demographic Rollercoaster Shaking Business, Finance, and Our World by Paul Wallace


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