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The World Economy (NAVI Coordinates) (English Edition)

This book does not try to call what will rise.

The daily ups and downs of exchange rates, stocks, and interest rates are the waves. Beneath them lie deeper foundations—population, the structure of interest rates, the movement of labor, the re-knitting of supply chains, the turn in energy—that shift slowly, but decisively. The World Economy reads these five foundations to offer a way of seeing the global landscape not as a forecast, but as a set of coordinates.

Coordinates do not tell you the destination. They let you gauge where you stand, and from which direction what force is approaching. Instead of receiving the daily flood of economic news as scattered shocks, you learn to read each item as a signal from a known position in a known structure.

Written from a third-party vantage, the book sets two front-runners—South Korea and Japan—side by side, not to say who is ahead, but because both are passing through demographic and structural change earlier and more steeply than almost anywhere else: a glimpse of a shift now arriving, more slowly, elsewhere.

Book 1 of the series "NAVI Coordinates — Reading the Coordinates of Change."

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