Callen, Tim; McKibbin, Warwick J.; Batini, Nicoletta - International Monetary Fund (IMF) - 2006
The world is in the midst of a major demographic transition. This paper examines the implications of such transition … over the next 80 years for Japan, the United States, other industrial countries, and the developing regions of the world … relative size of their workingage populations increases. Demographic change will also affect saving, investment, and capital …