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Economics

Population Aging and Its Socioeconomic Implications for Developed Nations

Quick fact

By 2030, in many developed nations such as Japan and Germany, the number of people aged 65 and older will outnumber those under 15, a historical first that will complicate budgets, labor markets, and social structures.

Why this is interesting

Imagine a country where there are more people over 65 than under 15. What happens to that country's economy, healthcare, and culture?