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There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
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possible shifts in global savings and investment that have led to this fall in the world real interest rate. There are several … factors explaining movements in savings and investment are variables that evolve relatively slowly over time, such as labour … key findings. First, the authors identify the relative weakness in investment demand as more important than the relative …
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