This paper develops a large-scale, dynamic life-cycle model to simulate Russia's demographic and fiscal transition under favorable and unfavorable fossil-fuel price regimes. The model includes Russia, the U.S., China, India, the EU, and Japan+ (Japan plus Korea). The model predicts dramatic...

Objectives, background, context -- Population trends in China and India: -- Demographic dividend or demographic drag? -- China-India: a macroeconomic assessment -- Science and technology -- Chinese & Indian defense and defense procurement spending to 2025 -- Conclusions and implications --...