Population Aging and the Generational Economy

From: Yona Maro

The goal of this study is to improve our understanding of how changes in population age structure are influencing national economies. Until recently changes in age structure were favorable for most countries as populations became increasingly concentrated in the working ages. Effectively addressing the economic challenges of population aging is especially difficult, for two reasons. The first is that countries cannot rely exclusively on their own experience because in any given country changes in population age structure are occurring for the first time. The second problem is that many issues are addressed in piecemeal fashion, relying on partial and incomplete data. This study addresses this problem by relying on a newly developed system of accounts, National Transfer Accounts.

http://idl-bnc.idrc.ca/dspace/bitstream/10625/47092/1/133467.pdf

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