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Showing posts with the label aging

Can Countries overcome the Demographic Cliff

I wrote an earlier set of blogs that looked at the demographic cliff facing many countries and the impact it is already having. Those blogs dwelt mainly on the numbers and the consequences. I came across a set of videos from a Czech researcher that delves deeper into the history and the causes of these demographic changes. These are really good videos that I felt compelled to share. This is a YouTube channel from the Czech Republic called " KaiserBauch ". This channel is pragmatic in its views and tends to look at cultural contexts of mass immigration. The first two videos I am sharing are about The United States. The videos explore the contexts of migrations from Latin America and make a great observation of how well-integrated these communities are in the country. For example, they are very well assimilated into the Armed Forces and the Police, which is quite in contrast to what has happened in Europe where immigrants from the Arab world, Africa, and elsewhere have cont...

Demographic Shifts and their influence on the economy - Part 5

  Part 5 – Continental Europe   Continental Europe, as an economy is second only to The United States, at par with China. The four largest economies are Germany, France, Italy and Spain. Their respective economies in terms of size are - USD 4 trillion, 2.8 trillion, 2 trillion, and 1.4 trillion respectively – a total of over USD 10 trillion. Their respective populations are - 83 million, 67 million, 60 million, and 47 million – a total of about 260 million. These four countries have a combined per capita income around USD 40,000. The other smaller EU countries also have similar levels. Europe has been relatively rich. However, compared to The UK, they have been slower in accepting immigration. Lately, these countries have seen a large influx of immigrants, so they haven’t been as insular as Japan and China. Europe has aged far more than The UK or The USA. It’s not too far behind Japan. At present, the proportions of the elderly (over 65 years) are estimated to be Germany...