Wednesday 13th of December 2017

The Macroeconomic Impact of Global Aging PDF Print E-mail

Center for Strategic and International Studies

Significant Issues Series

Published November 2002

Foreword By E. Clay Shaw, Jr.

Over the next 50 years the work force in most developed countries 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 the impact of this and examines as well the potential for gains in productivity and technological innovations to counter the effect of global aging.

Review

"A great and very useful summary--required reading for anyone who cares about growth in an aging world." -- Axel Borsch-Supan, Institute for Economics and Public Policy
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