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Little scope for much-needed rise in budget spending

Location:

INT

High demands on increasingly strained public budgets are fuelling fiscal sustainability fears and bond market sell-offs

Coronavirus will hit tourism-driven economies’ growth

Location:

INT

Outbound Chinese tourists totalled 150 million in 2018, up from 10 million in 2000, and they spent 277 billion dollars

Population change will have an uneven impact in Europe

Location:

EUROPE

Ageing population dynamics will pose different social, economic and political challenges for European governments

Trust is key to leveraging AI in healthcare

Location:

INT

The healthcare industry is keen to leverage AI to improve health outcomes and cut costs

US healthcare cost falls will boost competitiveness

Location:

US/CANADA

Rising healthcare costs have been one of the main downward pressures on wage growth in the United States

Emerging markets growing old faster than growing rich

Location:

INT

Emerging markets are ageing at lower incomes than advanced markets, a policy challenge that will influence GDP prospects

Global tensions will spur value chains rethink

Location:

INT

Firms are rethinking their strategies on global value chains, which may change markedly in years to come

Demography and past austerity raise the COVID-19 risks

Location:

INT

COVID-19 particularly threatens the elderly; ageing populations and years of post-crisis austerity leave nations at risk

The emerging markets recovery will be fragile

Location:

INT

Economic disruption has lasted longer for EMDCs than for advanced economies and China; this will hinder their prospects

Wealth shifts across ages will exacerbate inequalities

Location:

INT

Huge wealth transfers from those currently over 60 to the under-60s in the coming decades will have broad implications