Secular Stagnation by Coen Teulings

Facts, Causes and Cures

This insightful book delves into the concept of secular stagnation, exploring the persistent economic slowdown experienced by advanced economies despite low interest rates and expansive monetary policies. It examines the structural factors contributing to this stagnation, such as demographic shifts, technological advancements, and income inequality, while also considering the implications for future economic growth and policy-making. Through a collection of essays by leading economists, the book offers a comprehensive analysis of the challenges and potential solutions to revitalize economic dynamism in the modern world.