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This paper argues that population age structure plays a significant role alongside institutional, technological, political, and cultural factors when it comes to explaining shifts in urban, regional and national economic development. The paper demonstrates how demographic transitions lead to...
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Numerous recent empirical studies underscore the adverse impacts of an aging population on economic growth. This could stem from reduced labor force participation and productivity among older workers, or the potential for aging to result in an imbalance between savings and desired investment,...
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Changing population age structures are shaping the trajectories of development in many countries, bringing opportunities and challenges. While aging has been a matter of concern for upper-middle and high-income economies, rapid population growth is set to continue in the poorest countries over...
Persistent link: https://www.econbiz.de/10012968199
Population aging is widely assumed to have detrimental effects on economic growth yet there is little empirical evidence about the magnitude of its effects. This paper starts from the observation that many U.S. states have already experienced substantial growth in the size of their older...
Persistent link: https://www.econbiz.de/10012968653
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Changing population age structures are shaping the trajectories of development in many countries, bringing opportunities and challenges. While aging has been a matter of concern for upper-middle and high-income economies, rapid population growth is set to continue in the poorest countries over...
Persistent link: https://www.econbiz.de/10012245769