Ageing will slow global growth but it doesn’t have to resemble Japan
Jan 12th, 2012 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
In 1950, less than 1% of the global population was over 80. By 2050, the share of those aged 80 and over is expected to reach nearly 10% across Organisation for Economic Cooperation and Development (OECD) countries - - 34 countries that includes all the rich countries. Japan has already provided some of the downsides and the potential for upsides.