
by Alain Cotta · Fayard · tapa blanda · ISBN 9782213612058

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«Une glorieuse stagnation» is Alain Cotta's economic essay, published by Fayard in paperback (158 pages, in French).
Alain Cotta argues that demographic forecasts are the most reliable: the European population is ageing and shrinking, with falling investment and abandonment of military spending. The middle class, around 70%, will experience tensions between young and old; politicians will hardly avoid stagflation, and only inflation could lubricate the adjustments.
Alain Cotta, professor of economics at Paris-Dauphine. The book belongs to Fayard's Documents collection (no. 57).
Will appeal to readers of economic essays and those following the debate on demography, ageing and public policy in Europe.

