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THE ECONOMICS, POLITICAL AND FINANCIAL IMPLICATIONS OF AGEING POPULATIONS
Author(s) -
Stein Gabriel
Publication year - 2008
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.2008.00796.x
Subject(s) - balance (ability) , politics , process (computing) , ageing , economics , term (time) , development economics , business , public economics , political science , biology , law , computer science , genetics , physics , quantum mechanics , neuroscience , operating system
It is likely that most developed countries will see populations shrink over the coming generations. This brings with it various problems that are highlighted in this article. However, one medium‐term benefit of the process of ageing may be a return to a higher level of saving in the USA. This will bring the US current account back towards balance.