Six ways population change will affect the global economy
Mason, Andrew 
(University of Hawaii)
Lee, Ronald 
(University of California)
Souto Nieves, Guadalupe 
(Universitat Autònoma de Barcelona. Departament d'Economia Aplicada)
| Date: |
2022 |
| Description: |
23 pàg. |
| Abstract: |
New estimates of economic flows by age combined with population projections show that in the coming decades (1) global GDP growth could be slower by about 1 percentage point per year, declining more sharply than population growth; (2) GDP will shift toward sub-Saharan Africa more than population trends suggest; (3) living standards of working-age adults may be squeezed by high spending on children and seniors; (4) changing population age distribution will raise living standards in many lower-income nations; (5) changing economic life cycles will amplify the economic effects of population aging in many higher income economies; and (6) population aging will likely push public debt, private assets, and perhaps productivity higher. Population change will have profound implications for national, regional, and global economies. |
| Rights: |
Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, la comunicació pública de l'obra i la creació d'obres derivades, fins i tot amb finalitats comercials, sempre i quan es reconegui l'autoria de l'obra original.  |
| Language: |
Anglès |
| Document: |
Article ; recerca ; Versió publicada |
| Published in: |
Population and development review, Vol. 48 Núm. 1 (2022) , p. 51-73, ISSN 1728-4457 |
DOI: 10.1111/PADR.12469
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Record created 2024-10-15, last modified 2024-11-12