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The Graying of the Emerging Economies

Will demographics crimp growth?
Martin Neil Baily | Brookings Institution

Jaana Remes | McKinsey Global Institute

Population aging is often cited as a major economic challenge for the developed world. But a new report from the McKinsey Global Institute (MGI) shows that shifting demographics pose an even greater threat to the growth prospects of many emerging economies. Over the last 50 years, the world’s 1.6% annual population growth fueled a surging […]