The Economic and Financial Market Consequences of Global Ageing (European and Transatlantic Studies)
Edition: 1 edition
Publisher: Springer
Published: January 12, 2004
Language: eng
Format: Hardcover
Number of pages: 345
ISBN-13: 9783540405412
Subjects: Elderly; Political economy; Economic forecasting; Business & Economics; Sociology; Business/Economics; Gerontology; Economics - General; Business & Economics / Economics / General; Aging; Age distribution (Demography); Economic aspects; Employment forecasting
First sentence: REAL ECONOMY EFFECTS : In terms of growth effects, this book suggests that, over the next 50 years, large areas of the world will witness a decline in their potential growth rates and living standards due to dramatic developments in the structure of their populations, with falling numbers in the working age cohort and rising numbers of pensioners.