Tag Archives : shrinking labor force due to ageing population

Between now and 2050, advanced countries will be dealing with a stark reality: ‘the fiscal burden of the crisis [will be] about 10% of the ageing-related costs. The other 90% will be extra spending on pensions, health and long-term care.’ Ageing is creeping up in the rich world. The poor section of the globe is but a few decades behind. Based on [...]