US EditionDemographic crunch to squeeze global economy—but there's a way out: OECD
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The "demographic grip" represents one of the most profound changes that societies and labour markets are reshaping in OECD countries. This phenomenon, driven by a combination of factors, threatens to transform global economic dynamics, changing the challenge from a shortage of jobs to a "scarce of workers."The demographic challenge: Fewer workers, more dependentIn recent decades, the birth rate has been declining significantly, falling below rep…
The Organization for Economic Cooperation and Development warns of the consequences of aging and predicts a significant decline in the working population. Without reforms, developed countries can expect weaker GDP growth per capita
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