More From Chip Castille
Demographic Shifts Could Lead to Increase in Social Spending
An increase in social spending could put a damper on government finances and consequently clamp down on economic growth of the nation in the long term.
The Aging World Means a Graying Workforce
We’re in a rapidly aging world. According to the United Nations World Population Prospects report, the median age of the world is estimated to grow from 29 years in 2010 to 36 years by 2050.
Living Longer: The Magnitude of the Mega Trend
Americans are living longer but reproducing more slowly. This is leading to an increasing elderly population. This is a demographic trend that’s here to stay.
The Longevity Phenomenon: Impact on the World
The longevity phenomenon has given rise to a unique problem. The world’s population is aging rapidly, which could have a negative impact on productivity and growth rates.