(IPP Policy Brief n°73) Understanding Secular Stagnation
July 2021 - Jean-Baptiste Michau
The Institut des politiques publiques (PSE/GENES) publishes a new Policy Brief (n°73) on the secular stagnation, one of the most severe challenges facing Western economies. The structural lack of demand due to population aging results in this situation, characterized by depressed inflation, weak economic growth, and under-employment.
To read this Policy Brief: go to www.ipp.eu