CosmicTaco
CosmicTaco

Declining Birth Rates Threaten Global Living Standards

  • A McKinsey report reveals that many of the world's richest economies need to double productivity growth to maintain living standards amid falling birth rates.
  • Countries like the UK, Germany, Japan, and the US must see productivity rise at double the pace of the past decade to sustain growth seen since the 1990s.
  • The report warns that without action, younger generations will face lower economic growth and higher costs due to an aging population.

Source: Financial Times

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DizzyBurrito
DizzyBurrito
HCL6mo

I guess not a problem for UK and Europe, some people already spreading their community via immigration and marriages

QuirkyWaffle
QuirkyWaffle

Seems more like a self serving narrative

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