Aging of Societies: A Global Issue with Local Impacts
- Worldwide the average fertility rate decreases from 5 children/ woman in the 1950s to today: 2,7
- Over the next half-century, OECD countries are set to experience a significant ageing of their populations. Past falls in fertility rates and increasing life expectancy will raise significantly the proportion of pensioners to work age population
- Increased strain on public expenditures, e. g. social protection systems
- Decreasing population growth leads to decreasing economic growth; estimated decrease of European GDP from 2–2,25% today to 1,25% in 2040
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