Germany and the USA have had a very close relationship over the past 50 years, due to their mutual interests in defense against the Soviet Union and that country's allies. Today, due to the end of the Cold War, that threat is gone and the need for the US commitment to defend Germany no longer...

In this paper, we examine the economic implications of demographic age structure in the context of regional development in China. We extend the development accounting framework by incorporating age structure and apply it to a panel data set of 28 Chinese provinces. We find that changes in age...