In a recent report, the European Bank for Reconstruction and Development (EBRD) emphasizes that the slowdown in population growth will severely affect long-term economic prospects. Demographic aging has already begun to slow economic growth in some countries, and in emerging Europe, an annual decline in GDP per capita of nearly 0.4 percentage points is expected between 2024 and 2050. EBRD's Chief Economist, Beata Javorcik, mentioned that post-communist nations are aging before they become wealthy, with a median age of 37 years and an average GDP of 10,000 dollars. Although many countries are applying incentives to increase birth rates, these have not had a significant impact. The report suggests that migration is not an acceptable political solution, and the use of artificial intelligence to improve productivity raises ambivalences. Javorcik emphasizes the need for a mature discussion about demographic trends and retraining to face future challenges. It is also noted that the leaders of countries are becoming older than the population, which complicates the adoption of effective measures. EBRD urges countries to capitalize on the window of opportunity provided by the demographic dividend, especially in the context of declining birth rates in other regions.
Sources
Latest News
13:13
Lionel Messi was sanctioned by the MLS Disciplinary Committee for hitting an opponent in the face. The incident occurred during the match Philadelphia Union - Inter Miami, where Messi scored a goal dedicated to his father.
13:03
A man rode a tricycle on the highway for 40 minutes, generating 19 calls to 112.
12:50
At Perperikon, a personal seal of Empress Irina Comnena was discovered, providing evidence of correspondence between Bulgaria and Byzantium.
12:40
Bulgarian authorities have identified a powerful GPS jamming device that was affecting navigation signals in Sofia, including for aircraft.
12:29
New military firefighters from ISU Bihor have gone to Serbia to participate in an international forest fire extinguishing mission.
See more news