Abstract

If current demographic trends continue, the combined population of the twenty-five countries that currently make up the European Union will age rapidly and decline in size in the coming decades. As the EU population ages and declines, so will its labour force, which will likely constrain the labour market and generate lower rates of economic growth. Data from the most recent round of United Nation population projections is used to illustrate the scale of these changes.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.