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Emerging economies must get rich before they get old
With their working-age populations shrinking, many emerging economies are set to experience the same demographic problems plaguing developed countries. They must act now to prepare for the moment when their demographic dividend fades and the burden of supporting an older population becomes unavoidable, write Anu Madgavkar and Marc Canal Noguer in Project Syndicate.
With their working-age populations shrinking, many emerging economies are set to experience the same demographic problems plaguing developed countries. They must act now to prepare for the moment when their demographic dividend fades and the burden of supporting an older population becomes unavoidable, write Anu Madgavkar and Marc Canal Noguer in Project Syndicate.
