Economic Attitudes Improve in Many Nations Even as Pandemic Endures
Despite an uptick in positive views of the economy in some places, many say that children will be worse off financially than their parents.
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 […]
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