This paper presents new evidence for major world regions and for the most populous countries in each region on associations between the average ages of populations and three groups of economic outcomes: (1) macroeconomic aggregates (domestic saving as a share of GDP, GDP per capita, capital per...

The world is experiencing a sea change in its population age structure. People are living longer lives, and the share of older people in the total population is expanding rapidly. Between 2005 and 2050, the proportion of the population aged 60 and older will increase in every country in the...

This chapter investigates the two-way relationship between population aging and international migration. After documenting the trends for both, we review the supply-push and demand-pull determinants of migration, focusing particularly on the role of age and aging. We subsequently analyze the...

Inevitable population aging and slower population growth will affect the economies of all nations in ways influenced by cultural values, institutional arrangements, and economic incentives. One outcome will be a tendency toward increased capital intensity, higher wages, and lower returns on...

Asia is aging, although there is significant heterogeneity across subregions and economies. Population aging poses two strategic challenges for the region: sustaining economic growth and delivering old-age economic security. In this paper, we leverage the lifecycle perspective-that individuals'...

This chapter connects population aging with international migration. After documenting the trends for both, we review the supply-push and demand-pull determinants of migration, focusing particularly on the role of age and aging. We subsequently discuss the literature concerning the implications...

This paper presents new evidence for major world regions and for the most populous countries in each region on associations between the average ages of populations and three groups of economic outcomes: (1) macroeconomic aggregates (domestic saving as a share of GDP, GDP per capita, capital per...

Population ageing is the 21st century's dominant demographic phenomenon. Declining fertility, increasing longevity, and the progression of large-sized cohorts to the older ages are causing elder shares to rise throughout the world. The phenomenon of population ageing, which is unprecedented in...

Individuals aged 65 years and older currently make up a larger share of the population than ever before, and this group is predicted to continue growing both in absolute terms and relative to the rest of the population. This chapter begins by introducing the facts, figures, and forecasts...