Abstract
Demographic change has a devious, but predictable impact on the economy. In industrialised countries, ageing will exacerbate the decline in the human capital base while increased longevity will place an enormous burden on public welfare systems. The two most populous countries, China and India, are set to become global heavyweights in education and qualification: China within the next decade and India some time later. As the demographic change penetrates societies over time, the massive impact will unfold in various ways. Occasionally, this is reflected in a country’s performance, as in Japan.
Sources: Allianz SE (2009a). Shape Your Future: Structuring the Future in an Aging Society. Munich: Allianz SE. Allianz SE (2009b). Digitalized Globe 2019. Munich: Conference Report, Allianz SE.
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© 2011 Springer-Verlag Berlin Heidelberg
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Wilenius, M. (2011). Demographic change as a challenge for societies at large. In: Boppel, M., Boehm, S., Kunisch, S. (eds) From Grey to Silver. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-15594-9_4
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DOI: https://doi.org/10.1007/978-3-642-15594-9_4
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