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Rapid ageing will drive Latin America pension deficit

Location:

LATIN AMERICA

Rapid population ageing and high levels of informal employment will strain health and pension budgets in Latin America

Workforce shrinkage will not inevitably push wages up

Location:

INT

Potential workforces are shrinking as populations age and labour participation falls or stagnates in major economies

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

The looming pensions crisis requires policy attention

Location:

INT

Straining pension systems, 25% of people in high-income nations will be aged 65 or more by 2040, twice the share in 2000

Demographic action too late to fix Russia’s decline

Location:

RUSSIA

Government measures will help future generations but the population will continue shrinking through 2035

Global spending needs will undermine austerity call

Location:

INT

The IMF urges “decisive fiscal consolidation” to guard public budgets and rebuild buffers, but spending needs will rise

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

Public health is low priority in Central Europe

Location:

CENTRAL EUROPE

East European OECD countries underperform on life expectancy, premature death and health risks; health spending is lower

Weak long-run growth raises risks to the world economy

Location:

INTERNATIONAL

Global GDP will grow by less this decade than the past unless there is a surprise uptick in productivity

US Democrat worries rise about young voter support

Location:

UNITED STATES

With the election less than a year away, lower youth turnout is a concern