Over the next 50 years the workforce in most developed nations will decline while the proportion of elderly will nearly double. The change is expected to lead to sluggish growth rates and to put a brake on rising living standards. This book reviews and analyzes major econometric studies of the macroeconomic impact of rising old-age dependency ratios. It also examines the potential for gains in productivity and technological innovations to counter the effect of global aging.
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Over the next 50 years the workforce in most developed nations will decline while the proportion of elderly will nearly double. The change is expected to lead to sluggish growth rates and to put a brake on rising living standards. This book reviews and analyzes major econometric studies of the macroeconomic impact of rising old-age dependency ratios. It also examines the potential for gains in productivity and technological innovations to counter the effect of global aging.
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Publisher:
Center for Strategic & International Studies
Published:
2002
Language:
English
Alibris ID:
17130966805
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Seller's Description:
Good+; Softcover; 2002, Center for Strategic Studies; Former library copy with standard library markings; Light wear to covers; Library stamps to endpapers; Text pages clean & unmarked; Good binding; Dark purple covers with title in white & orange lettering; 128 pages; "Macroeconomic Impact of Global Aging: A New Era of Economic Frailty? (Significant Issues), " by Robert Stowe England.