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China’s population will continue to shrink

Location:

CHINA

Policies in the 1980s to restrict the birth rate gave China a demographic dividend, with an enlarged working population driving GDP growth, but that has been exhausted. The…

Ageing will drive social care demands in Latin America

Location:

LATIN AMERICA

Latin America’s population is ageing rapidly amid declining birth rates and rising life expectancy. This is driving a need for urgent action to prevent demographic changes…

Mexico’s poverty approach will prolong mixed results

Location:

MEXICO

The paper highlights the labour system’s role in perpetuating poverty in Mexico, where more than half of the economically active population is poor despite being employed. The…

China’s elderly care sector will grow

Location:

CHINA

The surging growth in the elderly population has increased care needs at a time when economic and social change has put more onus on the state to provide or support care. Although…

Chile's persistent labour informality poses challenges

Location:

CHILE

As well as hampering productivity gains, it is an important cause of low pensions in the country’s defined-contribution pension system and a drag on tax revenues. Because of its…

Iran will temporise over the broken pensions system

Location:

IRAN

The country’s system of pension funds has long been close to bankruptcy, but awareness of the urgency of the issue has increased over the past year. Nonetheless, proposed pension…

Party meeting may augur policy progress in Seoul

Location:

SOUTH KOREA

Their cooperation stands in contrast to President Yoon Suk-yeol’s provocative rhetoric, which has worsened partisanship in an already divided government, lowered his chances of…

Turkey’s opposition will face significant hurdles

Location:

TURKEY

He met CHP leader Ozgur Ozel for talks on drafting a new Turkish constitution, among other things. This seeming rapprochement between bitter rivals comes after CHP’s victory over…

Romania will not meet OECD goals by date set

Location:

ROMANIA

The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…

Economic pressure will increase on Italian government

Location:

ITALY

The budget will amount to EUR24bn (USD28bn), with a deficit of 4.3% of GDP to support tax cuts and increased spending. The higher-than-expected deficit comes as economic growth…