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
11:25
Two tourists from Năvodari pulled a metallic object, probably a drone, out of the water, causing a reaction from the authorities. The Emergency Situations Inspectorate warns about the dangers.
11:15
IT News Review by Control F5 Software: China invests in artificial intelligence models capable of generating weather forecasts
10:57
Violent incidents between supporters at the match Petrolul Ploiești - FC Rapid București
10:47
Trump again calls the Strait of Hormuz "American territory"
10:23
Guo Degang, a famous Chinese comedian, is being investigated after changing the lyrics of a revolutionary song.
See more news