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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

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

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

This downturn will be more job-rich than past slumps

Location:

INT

Employment recovered far faster from the pandemic global recession than past crises, and remains historically strong

Ever-rising Turkish population needs fast GDP growth

Location:

TURKEY

Turkey’s population has trebled in 60 years but the rise in its labour force is partly driven by more women taking jobs

COVID-19 will hold back longer EU life expectancy

Location:

EU

The COVID-19 pandemic interrupted the trend adding years to average life expectancy, especially in the eastern EU

Redistribution is key to the future of the workforce

Location:

INT

Technology will raise productivity and living standards; redeployment rather than fear of unemployment must guide policy

Worker shortages and skills mismatches will hit growth

Location:

INT

High youth unemployment and rising worker retirements are straining labour markets and productivity