The Economic and Financial Market Consequences of Global Ageing

Download or read book The Economic and Financial Market Consequences of Global Ageing written by Kieran McMorrow and published by Springer Science & Business Media. This book was released on 2012-11-07 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many countries will be confronted with ageing populations in the coming decades. This will crucially affect the economic outlook for the economy. Population changes directly affect the size of the labour force and consequently potential employment and output growth. Because the timing and magnitude of demographic changes varies significantly across regions, international capital flows will play an important role for the allocation of investment. This book offers a comprehensive treatment of ageing related issues based on a five region overlapping generations model and provides a quantitative assessment until 2050.