The working-age population historically drives the economy.
According to a report by the World Bank, the world’s working-age population peaked back in 2012. Since then, it’s been on the decline.
A smaller working population puts more pressure on those who are working to support those who are collecting pensions. This could ultimately lead to an economic slowdown if countries don’t prepare and alter their pension systems accordingly, to account for our aging population.
Source: How much has the global fertility rate decreased over the years? | World Economic Forum
The rules for the future will be very different from the past. What will these new rules be? How will the effect each of us?
