CDF Dialogue with Charles Goodhart:the demographic reversal triggers an inflation crisis

CDF Dialogue focuses on topics such as the global political and economic situation, business values, international cooperation, and human development, with the purpose of "Dialogue with the world, seek common development", aiming to promote rational and equal communication between China and the world. This episode, the guest is Charles Goodhart, Fellow of the British Academy and Emeritus Professor of the London School of Economics and Political Science. In his book The Great Demographic Reversal, co-authored with Manoj Pradhan, Goodhart assesses the influence of the global labor structure changes on economic growth and details China's important role in globalization. Goodhart believes that the low inflation and even deflation in the past three decades are mainly due to the world demographic dividend and globalization dividend. Now, the combination of aging population and deglobalization will reverse the previous trend and bring a series of changes. In the future, will demography affect inflation? How will global inequality be affected? In this dialogue, Professor Goodhart and Secretary General Fang Jin will explore the future we may face in terms of demographic reversals.