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"The Economic Implications of Aging Societies describes current trends in birth rates, longevity, and labor force participation and productivity, the cross-border flow of capital, the globalization of labor markets, the financial viability of social insurance programs, and the ways economic output is shared between working-age and retiree populations. There is no single magic-bullet solution to the demographic shortfalls ahead. Our most effective...
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"Between 1800 and 2000 life expectancy at birth rose from about thirty years to a global average of sixty-seven years, and to more than seventy-five years in favored countries. This dramatic change, called the health transition, is characterized by a transition in how long people expected to live and in how they expected to die. The most common age at death jumped from infancy to old age. Most people lived to know their children as adults, and most...
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