{"product_id":"how-low-interest-rates-change-jesper-rangvid-9780198946380","title":"How Low Interest Rates Change the World: Global Trends Caused by Low Rates and Emerging Factors Shaping the Future of Rates","description":"\u003cem\u003eHow Low Interest Rates Change the World\u003c\/em\u003e explores the societal impact of changing interest rates. Taking its starting point in the remarkable four-decade decline in global interest rates from 1980 to 2020, the book examines five global trends it caused, the underlying factors that drove interest rates lower, and emerging trends likely to shape the future path of interest rates. \u003cp\u003e\u003c\/p\u003eThe book contends that the steady decline in interest rates around the world from 1980 to 2020 played a pivotal role in shaping five significant global trends during the same period: soaring debt levels, escalating housing prices, surging stock markets, widening economic inequality, and increased financial risk-taking. \u003cp\u003e\u003c\/p\u003eThe book also explores emerging factors likely to shape the future trajectory of interest rates. While demographic trends may keep rates low, other forces, such as rising public debt, can push them higher. The book offers its perspective on the interaction of these opposing trends, and presents its view on the future evolution of interest rates. \u003cp\u003e\u003c\/p\u003e\u003cem\u003eHow Low Interest Rates Change the World\u003c\/em\u003e is a no-nonsense fact-based book written in plain language. A key feature of the book is its empirical approach and reliance on data. Figures and tables richly illustrate and support the arguments presented, thereby inviting a broad audience to follow its fascinating journey into the evolution of interest rates and their impact.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Jesper Rangvid\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0198946384\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780198946380\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Oxford University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/01\/2025\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 284\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.23lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.21h x 6.14w x 0.69d","brand":"Jesper Rangvid","offers":[{"title":"Hardcover","offer_id":46795549868287,"sku":"9780198946380","price":130.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_f0913ba2-f1e3-4884-a6ab-ab612f6e735f.jpg?v=1744947948","url":"https:\/\/www.whiterainbookhouse.com\/products\/how-low-interest-rates-change-jesper-rangvid-9780198946380","provider":"WR Book House","version":"1.0","type":"link"}