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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

COVID-19 could disrupt demographic trends globally

Location:

INTERNATIONAL

The pandemic is already affecting people’s choices about the size of their families

Gender friendly business and law policies need impetus

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INTERNATIONAL

Gender equality is a Sustainable Development Goal, but most countries lag regardless of income and political stability

Demographic trends will shape economic prospects

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INT

Transforming the world economy by 2040, working-age population growth will come almost entirely from lower-income states

Public banks can finance SDGs more, but 2030 is a rush

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INTERNATIONAL

The UNCTAD report urging public banks to do the “heavy lifting” to meet UN Sustainable Development Goals is ambitious

Differing priorities of age groups polarise politics

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INT

There are more people over than under 40 in high-income nations; this could exacerbate political polarisation

Wealth shifts across ages will exacerbate inequalities

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INT

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

Little scope for much-needed rise in budget spending

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INT

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

Non-bank finance faultlines may fuel explosive crises

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INT

Non-bank financial entities hold half of financial assets, are highly leveraged, and are far less regulated than banks

Insufficient infrastructure risks dampening global GDP

Location:

INT

The world needs to spend almost 100 trillion dollars on infrastructure by 2040, equivalent to five times US GDP