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Asymmetric Demography and the Global Economy: Growth Opportunities and Macroeconomic Challenges in an Ageing World

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 | #2998474 in eBooks |  2015-03-05 |  2015-03-05 | File type: PDF

||About the Author|Ramiro Albrieu, University of Buenos Aires, Argentina Melvin Ayogu, Mapungubwe Institute for Strategic Reflection, South Africa Ricardo D. Brito, INSPER Institute of Education and Research, Brazil Richard N. Cooper, Harvard University, USA Prana

The global demographic transition presents marked asymmetries as poor, emerging, and advanced countries are undergoing different stages of transition. Emerging countries are demographically younger than advanced economies. This youth is favorable to growth and generates a demographic dividend. However, the future of emerging economies will bring a decline in the working-age share and a rise in the older population, as is the case in today's developed world. Hence, develo...

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