Demographic change as a challenge for societies at large

Markku Wilenius
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Markku Wilenius: University of Turku, Allianz SE

A chapter in From Grey to Silver, 2011, pp 47-49 from Springer

Abstract: Abstract Demographic change has a devious, but predictable impact on the economy. In industrialised countries, ageing will exacerbate the decline in the human capital base while increased longevity will place an enormous burden on public welfare systems. The two most populous countries, China and India, are set to become global heavyweights in education and qualification: China within the next decade and India some time later. As the demographic change penetrates societies over time, the massive impact will unfold in various ways. Occasionally, this is reflected in a country’s performance, as in Japan.

Keywords: Demographic Change; Social Security System; Apply System Analysis; Predictable Impact; Enormous Burden (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-15594-9_4

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DOI: 10.1007/978-3-642-15594-9_4

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