The future of global development and implications for Aid
Richer countries are rapidly ageing and productivity is stagnating.
Meanwhile, industry - the motor for rapid economic development in the past - employs ever fewer people worldwide. And yet there is still hope for greater, and shared, global prosperity. Declining working age populations in rich countries are demanding ever-more services. A rising, increasingly educated working age population in lower income economies can provide them.
Meanwhile, industry - the motor for rapid economic development in the past - employs ever fewer people worldwide. And yet there is still hope for greater, and shared, global prosperity. Declining working age populations in rich countries are demanding ever-more services. A rising, increasingly educated working age population in lower income economies can provide them.