Rethinking long-term growth in an ageing world

Taylor Pearce, OMFIF senior economist, spoke with Charles Goodhart, professor emeritus of banking and finance at the London School of Economics, about his predictions for long-term demographic change and the impact of ageing populations on labour and economic growth.

The traditional view of demographics as a catalyst for economic growth is no longer appropriate, writes Kim Catechis, investment strategist at Franklin Templeton Investment Institute.

Long-term predictions are not set in stone, writes Simona Mocuta, chief economist, State Street Global Advisors.

Taylor Pearce, senior economist at OMFIF, spoke with Torbjorn Hamnmark, head of strategic asset allocation at AP3, about the impact of demographic trends on growth, productivity and the energy transition.

Fulfilling the needs of Indonesia’s growing young population will require sustainable investment, writes Ridha Wirakusumah, chief executive officer of the Indonesia Investment Authority.

An ageing population and declining labour force could actually be an opportunity for the next generation, explains Jesper Koll, global ambassador and expert director, Monex Group, Japan.

Germany’s government is stuck between the contradicting objectives of low inflation, low unemployment, a generous social safety net and sound public finances, while suffering from sluggish growth, writes Gunther Schnabl, professor of economic policy and international economics at University of Leipzig.

Italy has an opportunity to drastically increase its workforce, despite falling population numbers, explains Katharine Neiss, chief European economist, PGIM Fixed Income.