Large shares in many countries are pessimistic about the next generation’s financial future
A median of 70% of adults across 19 countries say children in their country will be worse off than their parents financially when they grow up.
Public awareness of aging and its potential economic pitfalls varies across countries, but the view that aging is a major problem is more prevalent in countries whose populations are projected to be among the oldest in 2050, such as Japan, South Korea and Germany. People’s confidence in their ability to maintain an adequate standard of […]
The demographic future for the U.S. and the world looks very different than the recent past in key respects. Growth from 1950 to 2010 was rapid—the global population nearly tripled, and the U.S. population doubled. However, population growth from 2010 to 2050 is projected to be significantly slower and is expected to tilt strongly to […]
Overview At a time when the global population of people ages 65 and older is expected to triple to 1.5 billion by mid-century, public opinion on whether the growing number of older people is a problem varies dramatically around the world, according to a Pew Research Center survey. Concern peaks in East Asia, where nearly […]
The aging of populations raises concerns about the affordability of publicly funded pension and health care programs in the future. Many developed economies already expend a sizable share of their GDP on these programs. For example, public expenditures on pensions and health care currently consume about 13% of GDP in the U.S. and in excess […]
Beard, John R., Simon Biggs, David E. Bloom, Linda P. Fried, Paul Hogan, Alexandre Kalache and S. Jay Olshansky, eds. Global Population Ageing: Peril or Promise? Geneva: World Economic Forum (2011). Bloom, David E., David Canning and Günther Fink. “Implications of Population Aging for Economic Growth,” National Bureau of Economic Research, Working Paper No. 16705 […]
The trends in population growth and aging in the countries included in this report reflect the trends for the regions in which they are located. In all major regions of the world, the population of seniors is growing faster than the populations of other age groups and the median age is on the rise. But […]
Although the population in the U.S. is getting older and growing more slowly than in the past, the demographic future for the U.S. is robust in comparison with other countries. In particular, the U.S. population is projected to grow faster and age slower than the populations of its major economic partners in Europe and Asia. […]
Pakistan is a country beset with political difficulties, but they could be of secondary importance to its economic woes. The truth is that the Pakistani people are deeply troubled by the plight of their economy and their own economic prospects.
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