Demographic change in industrial countries; Less impact on health spending than widely believed
Nov 26th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
One of the most profound structural problems confronting industrial countries is demographic change. The resulting shortage of labour and especially of skilled workers is reducing the competitiveness of industrial nations and is presenting social security systems in particular with daunting challenges, according to Deutsche Bank Research economist Jochen Möbert. Meanwhile, a report from the Economist Intelligence Unit says demographic change has had less of an impact on health spending than is widely believed.