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appropriate policy responses, population ageing in the euro area is posing formidable challenges for potential growth, monetary … population ageing in the euro area and looks at the main challenges ahead in the next decades. Total population in the euro area …, which is ahead of the euro area in terms of population ageing. Precautionary savings may be higher, and the natural rate of …
Persistent link: https://www.econbiz.de/10013286706
this purpose a projection model based on micro-data covering the population development as well as the development of the … point to a sharp decline in size of the total population and labor force as well as on negative effects of demographic …
Persistent link: https://www.econbiz.de/10011634372
(Armington's hypothesis), a low growth of the working population constrains the production of German goods, which entails an …
Persistent link: https://www.econbiz.de/10012255659
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008
After a decade of strong progress toward the goal of reducing the high levels of income disparities, there are clear signs of a deceleration in the pace of inequality reduction in Latin America. This paper argues that the deceleration is the result of two set of reasons. First, several of the...
Persistent link: https://www.econbiz.de/10011459691
Ghana's status as one of the African Lions is linked to the country's remarkable growth performance, which culminated in the attainment of lower middle-income status. However, employment response to growth has been weak. Additionally, growth has been accompanied by substantial reduction in...
Persistent link: https://www.econbiz.de/10011413477
-2003, reveal that GDP per capita growth is positively related to the growth differential between the working-age population and the … total population, and negatively related to child and old-age dependency ratios. Based on these results, they find that … population dynamics explain 46 percent of economic growth in per capita GDP in China over the period 1961-2003, 39 percent in …
Persistent link: https://www.econbiz.de/10013067617
order to reflect the changing age-structure of the population. Fourth, it decomposes the historical measured growth rates …
Persistent link: https://www.econbiz.de/10012781592
this purpose a projection model based on micro-data covering the population development as well as the development of the … point to a sharp decline in size of the total population and labor force as well as on negative effects of demographic …
Persistent link: https://www.econbiz.de/10012718755
While Latin America has historically been considered a region of very high inequality, the performance of most Latin American countries in terms of reduction of income inequality has been remarkable good in the first decade of this century. Given that those improvements took place in a context...
Persistent link: https://www.econbiz.de/10011929393