2 minutes agoG20 Alarms the World of Population Age
Periskopi(7 years ago)
(7 years ago)High health spending, a labour wing that is constantly reduced, for the first time, the G20 finance ministers focused today on population aging, a major challenge for developed economies and future challenge for other countries. Japan, which heads the meeting in Fukuoka (Southwest), has not by chance chosen this [...]
Japan, which heads the meeting in Fukuoka (Southwest), has not chosen this subject by chance. Very soon it will become the first country to consider the oldest “ ” on the planet, meaning that 28% of residents will be 65 years old and older. And in 2050 there will be about 40% of the population.
Facing this problem blocking growth, the third world economy saw to it that it shared this experience with other powers.
Its advice, which especially addresses less developed markets: Act before it's too late, Pash sends.
“If aging of the population starts to have impacts before you become rich, then you will no longer be able to take effective measures”, warned Japanese Finance Minister Taro Aso.
